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The MeidasTouch Podcast

Trump Panics as War Suddenly Escalates

18 Mar 2026

Transcription

Chapter 1: What recent actions have escalated tensions between the U.S., Israel, and Iran?

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Donald Trump's unlawful war against Iran is spiraling out of control. Things are escalating. The United States and Israel are confirming that they've just targeted Iran's largest natural gas processing facility earlier this morning in southern Iran. Iranian reports indicate that these facilities are affiliated with the South Pars offshore gas field were struck by Israel.

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Israel said, we did this with the United States. This is massive escalation, folks. That is how Iran is perceiving it as well. Iran's Islamic Revolutionary Guard Corps, the IRGC, they've now issued evacuation orders for for four energy facilities in Saudi Arabia, Qatar and the United Arab Emirates following this morning's Israeli and we know these were joint Israeli U.S.

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strikes against energy infrastructure in southern Iran. And these facilities include the major facilities in those nations that I mentioned. A spokesperson for Qatar's foreign minister just issued the following statement.

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The Israeli targeting of facilities linked to Iran's South Pars field, which is an extension of Qatar's North field, is a dangerous and irresponsible step amid the current military escalation in the region. Targeting energy infrastructure constitutes a threat to global economic

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Chapter 2: How is Iran responding to the attacks on its energy infrastructure?

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energy security, as well as to the people of the region and its environment. We reiterate, as we have repeatedly emphasized, the necessity of avoiding the targeting of vital facilities. We call on all parties to exercise restraint, adhere to international law and work toward de-escalation in a manner that preserves security and stability in the region.

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Now, we're hearing from Donald Trump right now. Moments ago, he posted on his social media platform. Let's see how he is addressing this escalation. Donald Trump writes, I wonder what would happen if we, quote, finished off, end quote, what's left of the Iranian terror state and let the countries that use it, we don't, Be responsible for the so-called straight.

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And then he spells it S-T-R-A-I-G-H-T. That would get some of our non-responsive allies in gear and fast gear. DJT, that's your response to all of this right now. What are they saying in Iran right now? Iran is their leaders are saying we previously made clear and repeated warnings that were given to your rulers in Arab nations.

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about entering down this dangerous path and gambling with the fate of your nations.

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Chapter 3: What statements have been made by leaders in the Gulf region regarding the attacks?

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And they say, evacuate now. We are hitting your energy facilities. Wow, wow, wow. We now see right now Bloomberg is reporting, folks, that multiple oil and gas facilities in Saudi Arabia, Qatar, and the UAE. They've been evacuated right now as a result of these. They're calling it Israeli strikes, but Israel saying we did it with the United States.

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Israel strikes this morning against several energy sites in southern Iran and threats made by Iran's Islamic Revolutionary Guard against these facilities. We're hearing now from the chief propagandist at the White House, Caroline Leavitt. She says, we don't need the Strait of Hormuz for our energy. Let's just let the others deal with it. Here's what she said. Let's play this clip.

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Has there been any movement overnight on behalf of our allies that has softened their position about going through the Strait of Hormuz? Not overnight, but the president and his team, especially Secretary Hag-Seth and Secretary Rubio,

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Chapter 4: What is Donald Trump's stance on the current conflict with Iran?

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continue to be in touch with their counterparts in Europe and, of course, our allies in the Arab and Gulf region to step up and do more to help the United States in securing the Strait of Hormuz. This is to their benefit more so than it is to the benefit of the United States. Thanks to President Trump, We are a net exporter of energy.

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We don't need the Strait of Hormuz for our energy here at home for the American people. Of course, we want the Strait to be open for the global oil market and to stabilize prices and bring them down again. And we have options. The military has options to continue doing that. But the president is right to call on our allies to step up to do more.

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And then Caroline Levitt says, NATO is being very unfair to us right now. Very unfair NATO. This is the messaging from the White House right now during this massive escalation as oils, what, it's gonna hit $150 a barrel soon. And you're attacking, you're attacking NATO? Here, play this clip.

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You know, one of President Trump's guiding principles is fairness, and he has long called out NATO for what for being what he believes in unfair alliance for the American people, the American taxpayer and our U.S.

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Chapter 5: How is the international community reacting to the escalation of war?

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armed forces. You look at some of the trade deals with our NATO allies. The president has worked to renegotiate and reset those to make them more fair for the American people and American workers. You look at the fact that the United States has thousands of troops on our allies and NATO's soil.

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We're paying these countries billions of dollars and our troops on their soil serves as a deterrent for them. And the president wants the American taxpayer and our American military to be treated fairly. He feels sometimes with NATO they are not.

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And he's right to call that out and he's right to call on them to step up and do more, especially when reopening the strait benefits them even more than it does the United States of America. There are troubles here at home as well. The Department of Homeland Security remains shut down and Mark Wayne Mullen has his hearing. We're going to hear from him in More from Caroline Levitt right here.

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She says, rest assured, everybody, there is a plan. Here, play this clip. What is the plan to reopen Spain and Barbados?

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Chapter 6: What are the implications of the war on global energy security?

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The president is going to continue to talk to our allies, both in Europe and also in the Gulf and Arab region. The United States military has a lot of capabilities, as you have seen play out over the last 18 days. They still do have tricks up their sleeve. I won't broadcast them for the media. But rest assured, there is a plan. They're working on it.

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We have seen some progress with respect to that. But, of course, the president, again, continues to call on our allies to step up and do more. Nancy. Now we're hearing from Commodore Ali Raza Tangsiri, the commander of Iran's Islamic Revolutionary Guard Corps Navy. He just put out the following statement and he says, your presence on the streets has become our trump card.

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And from now on, it will lead to new equations in the region. with the target bank updated hashtag oil facilities associated with America are now on par with American bases and will come under fire with full force. We warn citizens and workers stay away from these facilities. There's a Senate hearing taking place right now with Tulsi Gabbard, the director of national intelligence.

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Chapter 7: What economic consequences are anticipated from the conflict in Iran?

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You'll recall Joe Kent, who is her number two, resigned based on his objection to the war in Iran. He resigned yesterday. Senator Warner just cross-examined Tulsi Gabbard about Donald Trump, saying that he was shocked and surprised that Iran has been retaliating against its neighbors and shutting down the Strait of Hormuz, which everybody knew was going to happen.

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It should also be noted that the Trump regime based on The advice, if you want to call it that, of Laura Loomer also got rid of one of their top Iranian advisors as well in the past few weeks. But here's what Warner says to Gabbard. So do you not tell Donald Trump these things?

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Because it's pretty obvious to everybody that what's going to happen with the Strait of Hormuz, what's going to happen with the neighboring Arab nations. And Tulsi Gabbard has just been having one of the worst hearings imaginable. I mean, because she's just a liar with everything. Here's what she says. Here, play this clip. He chose to omit the parts that contradict the president.

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The president continues to say as well that, you know, he had no idea, was shocked that the Iranians had moved to take over the Strait of Hormuz. Did you provide any intelligence that would say that it would be

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Chapter 8: How are U.S. domestic issues being affected by the war in Iran?

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that it was not likely that the Iranians would try to move on the Strait? I'm not aware of those remarks, and I think those of us here at the table can point to the fact that historically the Iranians have always threatened to leverage their control over the Strait of Hormuz. Why would the president say he was amazed? I'm not aware of those remarks.

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What about the comments the president made that he was surprised again, reports that Iran struck the adjacent Gulf states? Again, I'm not aware of those remarks. We have been and continue to provide the intelligence community. Did you brief the president if he starts a war of choice that the likely result would be that Iran would strike adjacent Gulf nations and close the Strait of Hormuz?

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Did you brief him on those two facts that I think have been consistently the assumptions of the intelligence community? I have not and won't divulge internal conversations. I will say that those of us within the intelligence community continue to provide the president with all of the best objective intelligence available to inform his decisions.

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We got a really bad producer price index readout coming hotter than anybody expected. And that was the pre-war price. producer price index. So if this war wasn't going on and we got this PPI readout, we would be like, holy SH, you know what I'm going to say next. This is bad, bad. Now you layer it on top of the war when we get those PPI readouts and those inflation readouts, folks.

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I don't think it's an exaggeration that inflation will soon be going above 5%. And you can be like, oh, Ben, you're saying... You're being hyperbolic again. Watch, inflation will be above 5%. I think clearly by the end of this year, perhaps even higher where things are going right now. But here's how they reported on CNBC, the new horrible inflation data. Here, play this clip.

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