00:00Let's level set on where we are. As you all saw yesterday, President Trump announced an extension
00:04of the ceasefire. He's maintaining and generously offering a bit of flexibility to a regime who has
00:11been completely tarnished because of Operation Epic Fury. There's obviously a lot of internal
00:16division. This is a battle between the pragmatists and the hardliners in Iran right now, and the
00:21president wants a unified response. And so as we await that response, there's a ceasefire with
00:26the military and kinetic strikes. But Operation Economic Fury continues, and the effective and
00:33successful naval blockade continues as well of ships and vessels that are moving to and from
00:39Iranian ports. We are completely strangling their economy through this blockade. They're losing
00:46$500 million a day. The Karg Island is completely full. They can't move oil in and out. They can't
00:51even pay their own people as a result of this economic leverage that President Trump has inflicted
00:56over them. So he's satisfied with that as we await their response. And we will see the
01:01president has not set a firm deadline to receive an Iranian proposal, unlike some of the reporting
01:06I've seen today. Ultimately, the timeline will be dictated by the commander in chief and the
01:10president of the United States.
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