Latest / The Ben Ferguson Podcast / CRUDE AWAKENING—Pending Iran Deal Could bring Lasting Peace to The Mid East
Transcript
- 0:00Speaker 1: It is news that the President has been talking about
- 0:03Speaker 1: and telegraphing for quite some time. So here it is
- 0:07Speaker 1: President Trump. The deal is scheduled to get signed. That
- 0:11Speaker 1: is the headline President Trump announcing over the weekend at
- 0:15Speaker 1: a peace agreement between the United States and Iran has
- 0:18Speaker 1: effectively been completed and now is awaiting formal signatures. In
- 0:23Speaker 1: a true social post, President Trump said the deal is
- 0:27Speaker 1: scheduled to get signed tomorrow and immediately after it is signed,
- 0:30Speaker 1: the Hormez Strait is open to all now. Trump later
- 0:35Speaker 1: stated that the agreement with Iran was now complete and
- 0:38Speaker 1: announced the US naval blockade would end as part of
- 0:41Speaker 1: the arrangement. Senior administration officials of indicated they believe the
- 0:46Speaker 1: deal is highly likely to be finalized early this week.
- 0:49Speaker 1: White House officials reportedly said they were approximately eighty five
- 0:53Speaker 1: percent confident of an agreement that would be signed, stressing
- 0:57Speaker 1: that any sanctions relief for economic benefits for a Ran
- 1:00Speaker 1: and would be tied to compliance with the terms of
- 1:03Speaker 1: the agreement. The administration has repeatedly emphasized that the deal
- 1:07Speaker 1: is quote performance based, meaning Iran must fulfill its obligations
- 1:12Speaker 1: before receiving significant economic concessions. Now, President Trump's key message
- 1:18Speaker 1: on Iran has been very simple. He's repeatedly argued that
- 1:22Speaker 1: the objective is also basic. Iran cannot have a nuclear weapon.
- 1:28Speaker 1: According to reports early Sunday, Trump said Iran no longer
- 1:33Speaker 1: wants a nuclear weapon and express confidence that the agreement
- 1:37Speaker 1: would ensure Tehran does not pursue one in the future. Now.
- 1:41Speaker 1: Trump has also rejected reports about leaked Iranian versions of
- 1:45Speaker 1: the agreement, saying, quote, the terms that Iran leaked out
- 1:50Speaker 1: have nothing to do with the terms that were agreed
- 1:52Speaker 1: to in writing. He further described Iranian negotiators as very
- 1:57Speaker 1: dishonorable people for leaking what he says, we're inaccurate details.
- 2:02Speaker 1: Now what the deal appears to include that I'm being
- 2:06Speaker 1: told is this now? The full text, I want to
- 2:08Speaker 1: be honest about this has not been released publicly, but
- 2:12Speaker 1: I've been told from people that I trust that in
- 2:15Speaker 1: the framework, this is what is in there. Number One,
- 2:19Speaker 1: reopening the straight up our moves to commercial shipping. We've
- 2:22Speaker 1: already seen oil prices drop significantly on that news. Number
- 2:27Speaker 1: two ending the US naval blockade. Number three, a sixty
- 2:32Speaker 1: day period of negotiations over RAN's nuclear program. The other issue,
- 2:39Speaker 1: and the deal is this Iranian's commitment to not pursue
- 2:42Speaker 1: nuclear weapons. And then there are different things tied to
- 2:46Speaker 1: that that also includes the quote potential sanctions relief, all
- 2:52Speaker 1: again tied to verified compliance. This is literally the definition
- 2:57Speaker 1: of trust. But verify now if you're looking at this
- 3:01Speaker 1: from a big picture moment for the Trump White House,
- 3:05Speaker 1: this message at peace through strength not only is their plan,
- 3:09Speaker 1: but it's worked and after months and military pressure, economic pressure,
- 3:15Speaker 1: and international negotiations, the administration is now saying this is
- 3:20Speaker 1: a major diplomatic victory that not only could reopen one
- 3:23Speaker 1: of the world's most important energy corridors, but also forces
- 3:27Speaker 1: a ran back to the negotiation table and now concessions
- 3:32Speaker 1: on their nuclear ambitions. All right, I want to talk
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- 5:31Speaker 1: to two Patriot Switch. Today, President Trump is now betting
- 5:37Speaker 1: that the maximum pressure that was produced and what years
- 5:41Speaker 1: of diplomacy could not under other administrations, is that now
- 5:46Speaker 1: we have in Iran that agrees not only to keep
- 5:48Speaker 1: this stratiforms open and return to the negotiating table, but
- 5:53Speaker 1: now publicly is saying that they are not going to
- 5:56Speaker 1: obtain a nuclear weapon. The administration is now saying the
- 6:00Speaker 1: deal is done, quote unquote, and now the world's going
- 6:04Speaker 1: to be watching to see if Tehran will actually follow through. Now,
- 6:08Speaker 1: to be clear, Iran could lie, Iran could renig, Iran
- 6:14Speaker 1: could not sign the deal at the last moment. All
- 6:17Speaker 1: of these things are real options. By the way, they
- 6:19Speaker 1: could also sign the deal, and after they sign that deal,
- 6:25Speaker 1: something else could happen. They could well break the terms
- 6:29Speaker 1: of the deal. There is a lot that could happen.
- 6:34Speaker 1: There is a lot that could go wrong when you're
- 6:37Speaker 1: dealing with a terrorist organization, and that is exactly who
- 6:40Speaker 1: we are dealing with. There is no doubt that things
- 6:42Speaker 1: could change. But what the President has also made clear
- 6:47Speaker 1: is this, if they do renig on the deal, if
- 6:51Speaker 1: they lie, if they try to cheat, if they do
- 6:55Speaker 1: something they're not supposed to do, America will respond, and
- 7:00Speaker 1: more than likely we will respond in a military manner.
- 7:03Speaker 1: We will certainly re respond instantly with sanctions. We will
- 7:08Speaker 1: respond in any way that we need to, in any
- 7:11Speaker 1: way that we feel like we need to to protect America.
- 7:15Speaker 1: Because this does boil down to one issue. This is
- 7:19Speaker 1: a national security, a national defense issue. The President has
- 7:24Speaker 1: made that abundantly clear. By the way, the same Democrats
- 7:28Speaker 1: that are criticizing this president right now are the same
- 7:32Speaker 1: Democrats that demanded that Iran not getting nuclear weapons, that
- 7:36Speaker 1: promise to stop Iran from getting nuclear weapons. This is
- 7:41Speaker 1: the same Democratic Party and the Obama administration and the
- 7:45Speaker 1: Biden administration that said there was a red line with
- 7:48Speaker 1: Iran getting a nuclear weapon. So if you're a liberal
- 7:51Speaker 1: right now and you're angry over what the President just
- 7:54Speaker 1: pulled off, you're then actually really angry with the same
- 7:58Speaker 1: foreign policy that the Democratic Party promised you, promised you
- 8:04Speaker 1: that they were going to follow through on, and they
- 8:07Speaker 1: did not do it. So here we are inching closer,
- 8:12Speaker 1: many would argue, much closer to a real nuclear deal,
- 8:16Speaker 1: a real deal that keeps America safe and honestly the
- 8:20Speaker 1: rest of the world. Are there things that could change, Yes,
- 8:25Speaker 1: But if you want a real headline right now, here's
- 8:28Speaker 1: what I would write. The Iran War is over. A
- 8:31Speaker 1: deal has been reached between the US and Iran. President
- 8:36Speaker 1: Trump is urging the ships of the world to start
- 8:39Speaker 1: your engines because the Strait of Hormuz opens on Friday.
- 8:44Speaker 1: President Trump yet again confirming not just the US but
- 8:49Speaker 1: to the world that a piece deal with Iran is complete,
- 8:53Speaker 1: and most importantly, adding that the Strait of Hormuz was
- 8:56Speaker 1: reopening and that the US navy blockade the Straight would
- 9:00Speaker 1: come to an end. This is a victory that every
- 9:04Speaker 1: American should celebrate and many around the world should celebrate.
- 9:08Speaker 1: And as a victory the President, by the way, gave
- 9:11Speaker 1: us on his birthday weekend as he turned eighty years old.
- 9:16Speaker 1: The Vice President JD. Van saying this Iran deal will
- 9:20Speaker 1: transform the Middle East and ensure that Tehran will never
- 9:24Speaker 1: ever have a nuclear weapon. By the way, world leaders
- 9:29Speaker 1: are also praising President Trump at this hour, saying it
- 9:33Speaker 1: is hugely important. The Iranian peace deal. And what's happening
- 9:38Speaker 1: with crude oil? Well, at this moment, as I'm recording this,
- 9:42Speaker 1: crude has fallen to the lowest price since March the fifth,
- 9:48Speaker 1: on the Iran war ending. Something else that the President
- 9:52Speaker 1: of the United States of America promised. What happen? Now,
- 9:56Speaker 1: this is good news as well going into the midterm elections.
- 10:00Speaker 1: And make no mistake about it, the President was looking
- 10:03Speaker 1: at that calendar just like every other candidate that was
- 10:06Speaker 1: on the ballot. Now, one of the things that the
- 10:10Speaker 1: President promised was that the price of oil was going
- 10:15Speaker 1: to drop after a deal was done. He told the
- 10:20Speaker 1: American people to trust him and said that those that
- 10:24Speaker 1: are preaching doom and gloom don't understand what is actually happening. Well,
- 10:29Speaker 1: let me tell you where we are at the moment
- 10:31Speaker 1: while I'm recording this. Now, when you listen to this,
- 10:34Speaker 1: things may have even gotten better. Brent crude has fallen
- 10:38Speaker 1: now to the lowest price since March the fifth, on
- 10:42Speaker 1: Iran's war ending. The oil price is falling sharply starting
- 10:47Speaker 1: on Sunday, after the President announced the US and Irana
- 10:51Speaker 1: agreed to the peace deal. Brent crude. The international benchmark
- 10:55Speaker 1: fell by around four percent to below eighty for a barrel.
- 10:59Speaker 1: Now that's the low we've seen since March the fifth.
- 11:02Speaker 1: Here's something else that's interesting. West Texas intermediate the US benchmark,
- 11:09Speaker 1: and this is good news for everyone in America fell
- 11:12Speaker 1: by more than five percent to below eighty dollars a barrel. Quote.
- 11:17Speaker 1: With the opening of the strait upon the signing of
- 11:19Speaker 1: the deal on Friday for purposes of mine removal, oil
- 11:24Speaker 1: will flow on both ends again for the region and
- 11:28Speaker 1: the world, is what President Trump said on Sunday evening.
- 11:33Speaker 1: Stock futures tied to US equities market climbed on the
- 11:37Speaker 1: news as well the present writing earlier on True Social
- 11:42Speaker 1: that the deal with the Islamic Republic of Iran is
- 11:44Speaker 1: now complete. Congratulations to all I hear by authorize the
- 11:49Speaker 1: toll free opening of the Street of Horn Moves and
- 11:53Speaker 1: simultaneously herewith authorize the immediate removal of the United States
- 11:59Speaker 1: Naval block A. Ships of the world, start your engines,
- 12:04Speaker 1: Let the oil flow. Now when you hear this, it
- 12:08Speaker 1: is truly incredible. And there's lots of reporting coming out
- 12:12Speaker 1: right now that is saying that Iran is apparently genuinely
- 12:16Speaker 1: ready to get this deal done so they can get
- 12:18Speaker 1: their economy back to where it needs to be. Now,
- 12:22Speaker 1: what also is interesting is what we're hearing about Iran,
- 12:26Speaker 1: and there are many that are angry that Iran is
- 12:29Speaker 1: not gonna keep enriching their uranium part of the deal
- 12:33Speaker 1: they loved with the Obama administration. I want you to
- 12:37Speaker 1: take a listen to this on Fox News Channel about
- 12:40Speaker 1: that exact issue.
- 12:42Speaker 2: The Obama administration. It allowed Iran to continue enriching uranium.
- 12:45Speaker 2: And the way that uranium is enriched, the uranium ore
- 12:48Speaker 2: is actually extracted from the ground and then through a
- 12:50Speaker 2: chemical process it turns into yellow cake, and then another
- 12:53Speaker 2: chemical process it turns into hexafluoride gas, and they spin
- 12:56Speaker 2: that gas very rapidly in advanced centrifuges and ultimately the
- 13:01Speaker 2: heavier particles go to the outside and the lighter ones
- 13:03Speaker 2: stay in the middle. And this is repeated over and
- 13:07Speaker 2: over again until you get to a higher purity of
- 13:09Speaker 2: enriched uranium. And to take enriched uranium from let's say
- 13:14Speaker 2: five to ten percent to twenty percent, ultimately to sixty
- 13:17Speaker 2: percent and eventually ninety percent, which is weapons grade material,
- 13:20Speaker 2: can be a matter of weeks, if not days, and
- 13:23Speaker 2: so allowing the Iranians to keep advanced centrifuges and then
- 13:27Speaker 2: enricheranium eventually closer to weapons grade material set them on
- 13:31Speaker 2: a path toward a weapon, because that is a process
- 13:34Speaker 2: that is needed to create a nuclear weapon, even if
- 13:36Speaker 2: they weren't doing it at that moment. This agreement does
- 13:40Speaker 2: not allow the Iranians, according to the senior administration official,
- 13:44Speaker 2: to keep any of their enriched material.
- 13:46Speaker 1: I go back to that core point. None of this
- 13:50Speaker 1: and again we're getting the details as I'm recording this.
- 13:53Speaker 1: None of this allows for them to keep their enriched uranium,
- 13:57Speaker 1: which the Obama administration and had no problem with, and
- 14:02Speaker 1: the Abiden administration also, by the way, look the other way.
- 14:06Speaker 1: What's very interesting about what you're witnessing right now is
- 14:09Speaker 1: peace through strength and the president not backing down clearly
- 14:14Speaker 1: had an impact on i RAN. They thought we would
- 14:16Speaker 1: flinch because the prior administrations they dealt with have done
- 14:19Speaker 1: exactly that, whether it were sitting pallets of cash through
- 14:21Speaker 1: appeasement or looking the other way on the sanctions that
- 14:26Speaker 1: have been put on a RAN. But we're not enforced
- 14:29Speaker 1: by the Biden administration now just since we've been talking,
- 14:34Speaker 1: oil prices have dropped. We are now seeing the price
- 14:38Speaker 1: of oil for US West Texas intermediate at right around
- 14:43Speaker 1: eighty dollars a barrel. Now Brent crude, the international benchmark,
- 14:47Speaker 1: has dropped almost five percent now to about eighty three
- 14:51Speaker 1: and change per barrel. Trading data that we're seeing right
- 14:55Speaker 1: now is showing basically international showing crude hovering around eighty
- 15:01Speaker 1: one dollars a barrel. That's one of the lowest levels
- 15:04Speaker 1: seen since before the Straight of Horn Moves crisis actually escalated. Now,
- 15:09Speaker 1: if you're asking yourself the question, Okay, why is the
- 15:12Speaker 1: price of oil falling now just because this quote war
- 15:15Speaker 1: is ending, It's really different than that. This is about
- 15:19Speaker 1: supply and demand. And for months traders had built a
- 15:23Speaker 1: massive war premium into oil prices because roughly twenty percent
- 15:28Speaker 1: of the world's oil supply moves through the Straight of
- 15:30Speaker 1: Horn Moves. So think about that. I mean twenty percent
- 15:33Speaker 1: is a lot. And the fear was that this prolonged
- 15:37Speaker 1: conflict would keep that oil off the market to the
- 15:39Speaker 1: point where they could get premium for the other oil
- 15:42Speaker 1: that was being produced around the world. Also, this last week,
- 15:45Speaker 1: America became the top producer of oil in the world.
- 15:48Speaker 1: That's also good news for US. Now what an investor's
- 15:53Speaker 1: worldwide believe now is happening. One the Straight of Horn
- 15:56Speaker 1: moves will reopen, and two the oil tankers will then
- 15:59Speaker 1: be again moving normally through the Strait. This also means
- 16:04Speaker 1: that Iranian exports could eventually increase, that is what they're
- 16:08Speaker 1: hoping for for the United States of America. And then
- 16:11Speaker 1: the risk of a wider regional war has also fallen dramatically,
- 16:15Speaker 1: meaning that you don't have to worry about other countries
- 16:18Speaker 1: in the Middle East having a problem getting their oil
- 16:20Speaker 1: to market or keeping their oil up and running as
- 16:24Speaker 1: in drilling and producing. Now, when President Trump announced on
- 16:28Speaker 1: true social that the deal with the RAM was complete
- 16:31Speaker 1: and that the Straightup Hour moves would reopen, immediately we
- 16:36Speaker 1: saw this news break that oil was dropping. What will
- 16:40Speaker 1: be even more interesting now is we're hearing reports are
- 16:42Speaker 1: indicating that the official signing ceremony is actually expected later
- 16:47Speaker 1: this week in Switzerland. So what does all this mean,
- 16:51Speaker 1: not for the world but for Americans. If oil remains
- 16:55Speaker 1: in the low eighty range and then continues to move
- 16:58Speaker 1: into the seventies, you're going to see gasoline prices that
- 17:02Speaker 1: will ease over the coming weeks, not just months. I
- 17:05Speaker 1: want to be clear about that inflation pressure that many
- 17:09Speaker 1: are worried about will then decrease significantly. Then you're going
- 17:13Speaker 1: to have airlines and trucking companies and manufacturers that will
- 17:18Speaker 1: then see lower fuel costs, meaning that the price of
- 17:22Speaker 1: goods and services and travel will then drop again. Now,
- 17:26Speaker 1: markets generally view the deal as this being a massive
- 17:30Speaker 1: economic positive marker because it's going to lower the cost
- 17:35Speaker 1: of things that we need and use daily. So if
- 17:39Speaker 1: you put it in perspective, here's the way I would
- 17:41Speaker 1: say it. Literally, just days ago, Wall Street was bracing
- 17:45Speaker 1: for one hundred dollars plus oil and they were pricing
- 17:49Speaker 1: in what they described as a prolonged Middle East conflict.
- 17:54Speaker 1: Right now, oil has plunged more than four to five
- 17:57Speaker 1: percent because traders now believe the present Trump's randial will
- 18:00Speaker 1: reopen the Straight of Hormuz. That will then lower costs
- 18:04Speaker 1: again as it is open on Friday, restoring global energy flows.
- 18:07Speaker 1: And then that removes a major threat hanging over the
- 18:10Speaker 1: world's economy, which means in the prices fall even more
- 18:14Speaker 1: lower oil, lower inflation, and a real sign of real
- 18:19Speaker 1: economic relief. This is, by the way, exactly what President
- 18:23Speaker 1: Trump promised Americans. This also is a really great moment.
- 18:29Speaker 1: And the reason why I say it's a really great
- 18:32Speaker 1: moment is for this reason you have the midterms coming.
- 18:35Speaker 1: The present said this was going to be short. The
- 18:38Speaker 1: present said it was going to be temporary, and that
- 18:40Speaker 1: is exactly what we have seen. We have seen it
- 18:44Speaker 1: be short, and we've seen it be temporary, and the
- 18:48Speaker 1: present said it was worth it. And now the American
- 18:51Speaker 1: people get to decide, is making a ran, not become
- 18:54Speaker 1: a nuclear power, not having a nuclear weapon, not being
- 18:57Speaker 1: a threat to the world, was this short term pain
- 19:02Speaker 1: at the pump worth it? I think most saying people
- 19:05Speaker 1: will say yes. And by the way, if you're a
- 19:07Speaker 1: crazy liberal, you're going to say no. I expect that.
- 19:10Speaker 1: But you were never going to vote for Donald Trump
- 19:12Speaker 1: or any other conservative anyway. So I'm really not worried
- 19:15Speaker 1: about you going into the midterms. That's the best news here.
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- 20:27Speaker 1: Compassion dot com. World leaders are now coming forward and
- 20:33Speaker 1: they're saying what the President has been able to do
- 20:36Speaker 1: is truly incredible. They're welcoming the peace agreement struck by
- 20:40Speaker 1: President Donald Trump and the Islamic regime in Iran. It
- 20:43Speaker 1: will formally be signed, we're being told in Switzerland, the
- 20:47Speaker 1: end of the military conflict between the United States and
- 20:50Speaker 1: Iran and thus the full reopening of the strain of
- 20:52Speaker 1: her moves through which one fifth of the world all
- 20:55Speaker 1: supplies flow annually. Is now well to the ears of
- 21:01Speaker 1: leaders in Europe and the Middle East. Congratulations now pouring
- 21:05Speaker 1: in from both London and Paris. Yeah, the two countries
- 21:08Speaker 1: had vowed to lead an international coalition to ensure a
- 21:13Speaker 1: toll free, free movement through the Straight of hor Moos
- 21:15Speaker 1: once the war ended. The British Prime Minister Starmer said
- 21:20Speaker 1: in a statement, quote I warmly welcome today's agreement reached
- 21:25Speaker 1: between the United States and Iran. This is a hugely
- 21:29Speaker 1: important step forward in ending the war, ensuring regional stability
- 21:35Speaker 1: and reopening the Straight of hor Moos. I congratulate President
- 21:39Speaker 1: Trump and the mediators from Pakistan, Katar and elsewhere who
- 21:44Speaker 1: have contributed to this breakthrough. We have long argued and
- 21:49Speaker 1: urged de escalation, and this is the progress we had
- 21:54Speaker 1: hoped to see. Prime Minister Starmer said that his government
- 21:58Speaker 1: stands quote ready to support the effort to ensure that
- 22:02Speaker 1: the Strait reopens and remains fully and permanently open, which
- 22:07Speaker 1: he said will be critical to ease the severe economic
- 22:10Speaker 1: impacts that have been felt for several months on families
- 22:15Speaker 1: here in the UK and around the world. Quote unquote,
- 22:18Speaker 1: we will continue to work with partners to support this,
- 22:21Speaker 1: including if required, through standing up the defensive independent multilateral Mission,
- 22:28Speaker 1: which the UK and France have taken a leading role
- 22:31Speaker 1: in planning up to this point, particularly to offer support
- 22:35Speaker 1: on mind clearance in an agreed way. For any peace
- 22:39Speaker 1: to endure, it is essential that the commitments made, particularly
- 22:44Speaker 1: in relation to Iran's nuclear program, are robust, verifiable and
- 22:50Speaker 1: fully implemented. It remains the UK's firm and long standing
- 22:54Speaker 1: position that Iran must never have a nuclear weapon. Pretty
- 23:00Speaker 1: funny that Starmer is saying this but had no intent
- 23:03Speaker 1: of ever actually going after Iran in any real way.
- 23:07Speaker 1: But celebrating the hard work of America. You look at
- 23:11Speaker 1: France as President Macron shared similar sentiments, saying that he
- 23:16Speaker 1: welcomes the agreement between the United States and Iran sang quote.
- 23:20Speaker 1: Resources are in place and ready to be deployed to
- 23:24Speaker 1: support the international mission alongside the United Kingdom to secure
- 23:28Speaker 1: the free passages of ships through the Street of Hormus.
- 23:31Speaker 1: The resumption of maritime traffic without restriction on or toll
- 23:37Speaker 1: is an indispensable condition for regional stability and the global economy,
- 23:42Speaker 1: the French president said, sang quote. This agreement also paves
- 23:48Speaker 1: a way for comprehensive negotiations and the service of peace
- 23:52Speaker 1: and security for all in the Middle East. These must
- 23:56Speaker 1: address concerns related to Iran's nuclear and ballistic programs, as
- 24:01Speaker 1: well as its policy of regional destabilization. This is how
- 24:06Speaker 1: we will be able to build a solid and lasting peace.
- 24:09Speaker 1: France is prepared to play its full part alongside its partners,
- 24:14Speaker 1: Macrone added. Now the French leader also stressed the importance
- 24:18Speaker 1: of a ceasefire with Israel in Lebanon for the purposes
- 24:22Speaker 1: of restoring the sovereignty of Bay Road over its entire territory,
- 24:27Speaker 1: much of which has fallen under the control of Islamic
- 24:29Speaker 1: hesbela terrorist organization, Yes back by Iran now. Meanwhile, the
- 24:35Speaker 1: praise also poured in from Doha, with the Qatari Prime
- 24:39Speaker 1: Minister saying that his country welcomes the agreement between the
- 24:44Speaker 1: United States and Iran. We extend our thanks to our
- 24:47Speaker 1: brothers in the Islamic Republic of Pakistan and to all
- 24:51Speaker 1: regional and international parties who contributed to creating the conditions
- 24:55Speaker 1: for reaching this understanding. We look forward to all parties
- 25:00Speaker 1: engaging in the upcoming negotiations in a positive and constructive
- 25:04Speaker 1: spirit contributing to consolidating and building upon this progress. We
- 25:10Speaker 1: affirm that the State of Qatar will always remain a
- 25:13Speaker 1: steadfast supporter of these efforts and of all that promotes
- 25:18Speaker 1: security and stability at the regional and international levels through
- 25:23Speaker 1: dialogue and peaceful means. The agreement was also held further
- 25:28Speaker 1: with the leftist Colombian President Petro who had a contentious
- 25:33Speaker 1: relationship with President Trump. He even said that he thanked
- 25:37Speaker 1: the US leaders for his efforts, referring to Trump when
- 25:40Speaker 1: it comes to the peace of humanity, saying, quote, Colombia
- 25:45Speaker 1: today holds the presidency of the United States. Net Let
- 25:48Speaker 1: me resay that Colombia today holds the presidency of the
- 25:53Speaker 1: United Nations Security Council and will contribute everything within its
- 25:58Speaker 1: reach to support the pekey efforts between the United States
- 26:02Speaker 1: and the Islamic Republic of Iran. Now, all of this
- 26:07Speaker 1: goes back to the main issue the President has said,
- 26:11Speaker 1: it's peace through strength. Jd Vance also the Vice President
- 26:16Speaker 1: coming out saying that the Iran deal will transform the
- 26:19Speaker 1: Middle East and ensure that Tehran will never have a
- 26:22Speaker 1: nuclear weapon. That's the goal of all of this. Vice
- 26:26Speaker 1: President Van said that the deal negotiated by the President
- 26:30Speaker 1: of the United States of America and Iran is good news. Now,
- 26:34Speaker 1: all of this coinciding with the President Trump's eightieth birthday,
- 26:38Speaker 1: announced that the deal between the United States of America
- 26:41Speaker 1: and the Islamic Republic of Iran is not only complete,
- 26:44Speaker 1: but the United States will then lift that blockade of
- 26:47Speaker 1: the Iranian ports in the Strait of Hormuz and both
- 26:50Speaker 1: sides agreeing to cease military operations in the region. The
- 26:54Speaker 1: Prime Minister of Pakistan, whose country is served as the
- 26:57Speaker 1: intermediary between Washington and Tehran, said that the agreement will
- 27:01Speaker 1: be formally signed by the two parties on Friday in Switzerland.
- 27:07Speaker 1: Commenting on all of this, Vice President j. D. Vance
- 27:10Speaker 1: telling Fox News that it's a big moment for the
- 27:14Speaker 1: United States of America, crediting quote, the leadership of President
- 27:18Speaker 1: Trump and the hard work of the entire team. Now,
- 27:22Speaker 1: the full terms the deal have yet to be made public,
- 27:25Speaker 1: but Vice President Vance said that the deal negotiated by
- 27:27Speaker 1: the White House will never have a nuclear weapon. That's right,
- 27:31Speaker 1: Iran will never have a nuclear weapon. Not just pressure,
- 27:35Speaker 1: not just pursue a nuclear weapon, but to procure or
- 27:38Speaker 1: buy a nuclear weapon as well that's built into this agreement,
- 27:43Speaker 1: he went on to say. Van said that there will
- 27:45Speaker 1: be quote real benefits for Ran if it sticks to
- 27:49Speaker 1: the agreement. He also stressed that this will be contingent
- 27:54Speaker 1: on the United States being able to quote verify that
- 27:57Speaker 1: Tehran delivers on all of its promises, saying this, if
- 28:03Speaker 1: the Iranians comply with a deal, it is going to
- 28:06Speaker 1: fundamentally transform the Middle East for the next fifty years.
- 28:10Speaker 1: It's going to end the war. It's going to make
- 28:12Speaker 1: the Middle East more well investible. It's going to mean
- 28:16Speaker 1: a lot of prosperity. It's going to mean lower energy
- 28:19Speaker 1: prices for the American people. Van sang, this region of
- 28:24Speaker 1: the world has been a basket case well for my
- 28:27Speaker 1: entire life and longer than that. And what the President
- 28:30Speaker 1: has really set us up to do is certainly eliminate
- 28:34Speaker 1: the nuclear threat of Iran. That's done, but now possibly
- 28:38Speaker 1: to build for a new era of Middle East prosperity
- 28:42Speaker 1: and success. So here we are another big day for
- 28:46Speaker 1: the President and a big day for America that we
- 28:50Speaker 1: should all be celebrating. Don't forget share this podcast wherever
- 28:53Speaker 1: you can with your family and your friends and I'll
- 28:55Speaker 1: see you back here tomorrow.