MONITOR SHIPPING

“On today’s show, a source inside Iran tells us how ships had been getting through the strait, and how the tollbooth Iran set up works. We ask what this means for the global economy and the ships caught in the middle.”

“Vance described this in a thirty second clip released by the White House as, quote, bad news and said it was worse news for Iran than The United States. He said Iran was unwilling to accept his side's terms without providing specifics beyond the fact that The US had made certain red lines clear. Iran's foreign ministry spokesperson, Ismail Bakai, said in a post on X that the main subjects of talks were the Strait Of Hormuz, nuclear issues, sanctions, reparations, and an end to the war against Iran and the region.”

“Recently they’ve insinuated that one part of the Strait — the part near Oman — is not safe. Which means that captains had to go right by Iran’s shores to get through the Strait … effectively creating a chokepoint for the global economy.”

“When round three began, Rory McIlroy appeared to be in great position. He was ahead by six strokes, the largest lead to start the third round in Masters history. When the day was over, McIlroy was still on top, but he is now tied for the lead with American Cameron Young. McIlroy struggled throughout the day. He was one over par for the round. Meanwhile, Young, who began the day eight strokes behind, had a round of seven under.”

“The individual was armed with a large knife described as a machete and was behaving erratically, repeatedly stating that he was Lucifer. The individual refused to comply with at least 20 orders to drop the knife. Officers also attempted to deescalate and offer assistance saying, we are going to get you help. Police eventually shot the man who later died at a city hospital.”

“Iran has attacked ships that try to pass without approval. They have effectively funneled traffic into their own territory by insinuating that the waters near Oman are unsafe, allowing them to monitor every vessel.”

“The United States has been at war with Iran since February 28th. And for a month and a half, Iran’s main leverage over the U.S. has been their control over the Strait of Hormuz — a key global shipping route.”

“What does this all mean for the global economy? We look at the immense leverage Iran gains by controlling a key shipping route and forcing the world's most vital energy supplies through a specific, narrow chokepoint.”

“The passage of the guided missile destroyers marks the first transit of American warships since the start of the war six weeks ago. According to US Central Command, the USS Frank e Peterson and USS Michael Murphy are part of a broader mission to ensure the strait is fully clear of mines previously laid by Iran's Islamic Revolutionary Guard. US officials say additional forces, including underwater drones, will join the effort in the coming days.”

“Strongman Viktor Orban has been that country's prime minister for sixteen years, but he's facing a stiff challenge from Petar Magyar. Majar's center right party is leading by double digits in most polls. Many observers, though, say the final result will likely be much closer than the polls indicate. Voters will be heading to the polls in Hungary on Sunday as they vote for a new parliament.”