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Here to discuss all of this is former Trump Deputy National Security Advisor, KT McFarland. Always great to see you, especially great to see you, KT, on this particular story because it's right in your wheelhouse. I want to start with Venezuela. When you step back and you look at this deal, and I get, you know, there are all kinds of other questions about this, but it does kind of make you wonder if when President Trump's memoirs are written, the whole, this whole situation in Venezuela, where the US winds up gaining access to these reserves, wasn't the precursor to his decision to then go after Iran? Oh, I think it was. And I think they probably thought Iran might be easier than it turned out to be, but it didn't. It turned out to be harder, but we still won. And that's the difference. We've won that. We've won that war. Because why? Because the oil that was moving through the Strait of Hormuz, 20 million barrels a day, it's going differently. It's going through the Strait of Hormuz. Yeah, I'm probably 10 million barrels a day now because we've cleared the southern route. But a lot of that oil that used to move by tankers is now moving by pipeline. And it's not going to go back to tankers. And then some of the shortfall has been made up by American oil and natural gas that's moving out of the United States. So at the end of the day, we got rid of the nukes. And if they try to rebuild the nukes, well, we'll bomb those again. And as far as the importance of the Strait, it's going to be increasingly irrelevant, especially because of the Venezuela oil connection. We are now controlling a quarter of the world's oil and whoever controls the world's energy, the world's fossil fuels in the years ahead controls the future. You know, it's kind of amazing to think about, but for five decades, Iran has used their ability to put the squeeze in the Strait of Hormuz to get exact, you know, political things from other people. It's almost like they kind of pulled that bluff this time with the wrong dude, and it didn't work out for them. And they may have broken the one thing, the one lever that they've always had. You know, that's the point. They thought they were dealing with, you know, typical American president. They didn't realize it was Donald Trump and he plays by different games. And so they thought, okay, we're going to close the Strait of Hormuz just like we tried to do with President Reagan, just like we've tried to do many times before. But because Donald Trump already had the Armada prepositioned, he could then put a blockade on Iran. So for six months, no ships have gone into Iran. No ships have gone out of Iran. Their economy is spiraling. And yet at the same time, we've got this workaround of how to get oil to the world. You're going to see oil prices start to go down. I think pretty dramatically now that that shortfall of 20 million barrels a day, that's now getting to the producers. That's getting to the refineries. And it wasn't three weeks ago. It wasn't two months ago. Now it is. And so the price of oil should start coming down and hopefully the price of gasoline to follow. So not only is it significant in terms of American power in Venezuela, the U.S. having control of that. It also means that our enemies, our biggest rivals, whether it's a country like Cuba or a country like China, doesn't have access, free access for cut rate oil from Venezuela. Yeah, China had been all over South America trying to get their hands on Venezuelan and other other resources, oil as well. And now they're gone. They're out of there. They're not having any access to that. All China can get is that Iranian oil, which they're probably not getting that much of anyway. The genius of President Trump is that he realizes as a businessman, what's the best country solution you can have to all of your trade, all of your commerce, all of your manufacturing, all of your production to do it nearby. So we don't have to think about trans-specific trade or transatlantic trade. We're now going to have a Western hemisphere united at peace, trading with each other and under the United States leadership. The cheap goods that we've been importing from China for decades, they're going to now be made in South America. And because of the energy, particularly as we look to the future and the requirements of the data centers and artificial intelligence, and he's a lot more energy. Well, who's going to have all the energy? Us. Yes. Make the Western hemisphere great again. KT McFarland, as always, really appreciate it. Thank you so much.

Transcribed automatically. Expect errors in names and numbers.