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Chapter 1: What recent event caused Donald Trump to go silent?
Donald Trump has gone silent as Iran strikes another cargo ship in the Strait of Hormuz. This is precisely what I predicted was going to happen in the first video I did this morning. Moments ago, we learned the following. A UK MTO, United Kingdom Maritime Warning, stated the following. Attack! Attack!
a cargo vessel has been hit on the starboard side by an unknown projectile causing damage to the bridge master has reported no casualties and no environmental impact obviously iran is exerting its newly claimed control over hormuz After yesterday's Omani route breakout, remember, Iran said, you cannot go through the Oman route, the Oman passage. You need IRGC approval.
And if you try to test us, we will knock out your ship. That is precisely what happened. And I have been saying, yes the oil prices have been dropping on the brent crude futures but i said there is massive instability and it's dropping based on massive market manipulation and remember this morning i shared with you the data under the two years in the biden administration
following Russia's invasion of Ukraine. And I said, look at what the prices were there, way higher. I said, there's far more instability now. And also we see there's far more instability in Russia's invasion of Ukraine and Ukraine responding by attacking the Russian oil depots. Yet the price of Brent crude was $73. It made absolutely no sense to me at all.
And Donald Trump, after manipulating the market all day yesterday and Treasury Secretary Besant doing the same look, he has no items today on his calendar where he'll be talking to the press. Who knows? Maybe he shows up. He hasn't posted anything on social media. It is a fraud in plain sight that is taking place.
Another open source intelligence account explains how this container ship was hit by a projectile sailing in the forbidden corridor of the Omani waters.
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Chapter 2: How did Iran assert control over the Strait of Hormuz?
Again, that's the video I did this morning because I said this is what's going to happen and it's going to happen quite frequently. And the fact that two U.S. aircraft carriers, fighter jets, drones, that are going around the Strait of Hormuz 24-7 couldn't protect this container ship in the Omani waters is a reminder. The U.S. has no control over the Strait of Hormuz.
And I've been showing you the actual satellite data of the ships that are pinging that they are in the Strait of Hormuz. And you'll see right here that... Yesterday, there were ships trying to get through the Omani route. You see right here that the ships have been turning around and they either use the IRGC route or they don't get out of the Strait of Hormuz. That's what's going on.
Foreign Minister Aragchi spoke with his counterpart in Oman, the foreign minister of Oman, to discuss regional updates. And here's what they said coming out of this meeting. that they agree that for a temporary 60-day period that they will allow for there to be free transit through the IRGC-controlled area in the Strait of Hormuz, but that's for a limited 60-day period.
And thereafter, Iran intends to charge fees. billions of dollars in fees. And the Wall Street Journal did an article about that today, but we didn't need that from the Wall Street Journal because Iran has been saying it and they've been doing what they're saying. And we can read what's in the memorandum of understanding.
Iran intends to charge environmental service fees, protection fees as the overall toll structure where they plan to make billions and billions of dollars. And by the way, we can actually show you data, show you receipts, show you audio. I mean, this isn't some cloak and dagger stuff right now.
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Chapter 3: What are the implications of the UK maritime warning?
I mean, this is happening in plain sight. So for example, ships have turned around in the Strait of Oman When the IRGC issued the warning, we have the audio of the SEPA Navy. That's the IRGC Navy, SEPA Navy, SEPA Navy. Turn your ships around, turn your ships around, or we will strike you. And the ship that didn't turn around got hit. That's what happened. Here, I'll show you this.
Let's play this audio of the SEPA Navy, the IRGC Navy broadcasting this. We have the satellite footage of the ships turning around. And then we have the Trump regime, Donald Trump, Besant, Rubio manipulating the markets. Let's listen to the audio. Let's play this clip.
Attention all vessels, attention all vessels, attention all vessels in Persian Gulf and Oman Sea. This is SEPA Navy warning. Transiting in the Strait of Hormuz is only possible with SEPA Navy permission and on designated routes. If any vessel attempts to transit in the Strait without our permission or AIS of Hormuz,
Now, we got the following message from Iran's lead negotiator and the leader of their parliament, MB Ghalibaf.
He writes, America falsely claims our unfrozen assets will buy their agriculture. Interesting. The only crop we're harvesting is what you planted. decades of mistrust it's organic abundant and homegrown but apparently the u.s only exports gmo soybeans broken promises and trash talks that's what they think of the united states and that's what the rest of the world thinks of the united states
So you have Secretary of State Marco Rubio, who refused to participate in the Switzerland technical talks regarding the MOU because he didn't want to be associated with it. So he already shows divisions in the negotiating team by him not being there and just having J.D. Vance, Kushner, and Witkoff at the Switzerland talks. You're the Secretary of State, dude.
That's literally your job as the top diplomat to be there. Sorry if you don't want to do it. That's what your job is. But instead, Rubio's meeting with the Gulf Council cooperation countries this week. He's meeting with Bahrain, UAE, Kuwait, and others. Notably, Saudi Arabia is not on his schedule. Saudi Arabia doesn't want to meet. They're livid. And all these countries are livid.
And they're saying the U.S. security umbrella failed. And these GCC countries want to try to figure out how, and I did a video on this this morning as well, to do reconciliation commissions and figure out how they can become more closer allied with Iran because they need protection. And the U.S. hasn't provided it all they get.
from Trump and Rubio is fraud and lies and catastrophic invasions, and then fraud about the catastrophic invasions that cause death and destruction to the economy. So Marco Rubio is there in the Middle East, and he's meeting with these Gulf countries, these Arab nations, and Rubio's like, No one can charge tolls.
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Chapter 4: How has the U.S. military responded to threats in the region?
And those things have happened. So, Rubio, another question for you, buddy. The MOU did not include a specific number of years during which Iran could not develop a nuclear weapon. So, what's it going to be, Rubio? You got some specifics? And Rubio says, ah, the MOU is not even really a deal.
it's just a framework of an outline to negotiate no no no rubio i hate to break it to you the mou has binding provisions it is a short form but it is binding and yes it creates obligations for future negotiations but there are binding provisions in the mou that then get implemented not changed implemented through a longer agreement.
That's why these Trump regime people are all such freaking frauds. Watch what Rubio says. Let's play this clip.
Mr. Secretary, the MLU did not include a specific number of years during which Iran could not develop nuclear weapons. Should a final agreement have a specific number? And is the US pushing for that?
Why would an MOU not have that? Because an MOU is not a final agreement. An MOU just creates the construct and the outlines for a negotiation. And there's no doubt that as part of that negotiation, very specific terms like years and limits will be discussed. And that includes the mechanisms by which it's verified and enforced.
All right.
Well, Rubio, are you aware of any of the frozen money that Qatar holds being transferred already to Iran? We know that that happened. It's undisputed that happened. What does the lying Rubio say? Because these people lie about everything. Everything is a lie. I'm not aware. I'm not familiar. I'm not aware about that. Well, it happened, Rubio. I'm aware about it.
The rest of the world is aware about it. The Arab nations you're meeting with are aware about it. So when you say stupid shit, when you say stupid stuff like that, people are like, okay, you have no credibility. You have no credibility at all. Here, sorry I cursed. Here, play this clip.
Are you aware, has any, or are you aware of any of the frozen money that Qatar holds being transferred already to Iran?
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Chapter 5: What are the terms of the temporary agreement with Oman?
That's what you do? Do you also realize that makes you look pathetic? You just have Bulo sitting there? What is this, an internship? A nepotistic internship? What are you doing? And Rubio was asked about it. Can you clarify why Tiffany Trump's husband was sitting next to you at the meeting in Abu Dhabi? Doesn't that make the US look stupid? He was there to see his brother who lives here.
He was just there to like hang out and catch up. By the way, I'm going to show you that Rubio said that. He's there to hang out and catch up. That's great, everybody. That's great. The American economy right now is in the trash. The American people are suffering. But guess what? Tiffany's husband, he's just there hanging. He's chilling with the crew.
Chapter 6: How does Iran plan to charge for maritime transit in the future?
What in the hell is going on? Here, play this clip of Rubio so you can hear for yourself.
You should clarify what the role of Michael Burroughs was today. Michael Burroughs? Oh, he was there to see, his brother lives here. He was just there to see me catch up. No, no, no.
There was a working lunch, right?
There was, but the conversations around him had to do with, he was just here because his brother lives here, and I'm a good friend of Michael's, so we had a chance to catch up. Thank you all. Thank you. Thank you.
And as Steve Ratner explains, the Trump administration has already authorized $20 billion for Iran before the final long-form deal. It's in the MOU. Iran's got it. If a deal is reached, Iran could receive nearly $500 billion. And by the way, probably more than that as well. That's the reality while the American people are the ones who suffer.
We got new PCE, the Fed's preferred inflation data today. PCE inflation jumped to 4.1% year over year in May. It's the highest inflation in three years, and it's due largely to the war and Iran's impact. Core PCE inflation, which excludes food and energy, rose to 3.4%, the highest since fall of 2023. Donald Trump's promise when he ran for office is that he would bring down prices.
They are increasing, and they are increasing at a very, very quick rate. So it's the exact opposite of what he promised. But it's not only that. As Heather Long notes, Americans are getting squeezed right now in other ways. They're not able to save anything at all. The personal savings rate for Americans has dipped below 3%. One of the lowest readings in the past 15 years.
People are dipping into their savings in order to survive. Personal savings rates for May 2025, 4.9%. Personal savings rate for May 2026, 3%. And there's been this downward trend. And you saw, you may have heard about this, that Apple has announced that all of its products will be having massive price hikes.
Macworld reports Apple is implementing significant price hikes across Macs and iPads, at least $100 to $200. The Mac Mini rising to $799 from $599. The iPod Air increasing by $150. Some of its other MacBook Pros increasing significant amounts, hundreds of dollars. Why? Because of massive inflation. The price of chips are increasing as well.
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