00:00We came into the situation with maximum leverage and maximum strength.
00:03Their nuclear program was destroyed.
00:06Their conventional military was destroyed.
00:09And you've got some people within the Iranian system who are saying, you know what, we want
00:13to change our relationship with the United States.
00:15We want to turn over a new leaf.
00:17And the president said, OK, we will sit down at the table and negotiate and see if the
00:22smart people in that system can take over from the crazy people.
00:26Well here's the basic deal that we cut.
00:28The basic deal that we cut was, we'll lift our blockade if you stop shooting at ships.
00:33But if you shoot at ships, we are going to punch back, and we're going to punch back harder
00:37than ever before.
00:38That was the deal.
00:40They said they would stop shooting at ships, and what happened 24 hours ago?
00:44They start shooting at ships again.
00:46Now they were good, they were well behaved for about a week, but then they start shooting
00:49at ships.
00:50So the deal is very simple.
00:51If they shoot at ships, we're going to knock the hell out of them, and it's that simple,
00:55and that's the basic way it's going to work.
01:03Now, the president maintains a lot of options.
01:05I'm obviously not going to tell you exactly what's going to happen tonight, but the president
01:09has said to them very simply, the Strait of Hormuz is going to be open.
01:13That means oil and gas is going to flow to the American people.
01:16That's why we see gas prices starting to come down.
01:20That's why we see the oil prices so low is because the president said that crucial artery,
01:26through which we ship a lot of the world's energy, that artery has got to remain open.
01:31And that is what the Iranians have to know.
01:33If they try to close it down, there's going to be a response for the American military.
01:37It's that simple, that's the deal.
01:40They can either follow it or they can have exactly what happened to them last night.
01:45It's just going to keep on happening until they open up that lane and stop shooting at
01:49ships.
01:50It's simple.
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