A Moment Of Clarity: Is Trump Delusional or in Denial?: Why Your Gas Prices Are Exploding

The Michael Steele Podcast

Two Squared Media

Politics, News, History, Government

4.8 • 3.3K Ratings

🗓️ 25 March 2026

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Ever wonder why gas prices are hitting record highs while the White House claims we’re “winning”? It all comes down to a high-stakes gamble in the Strait of Hormuz that isn’t paying off for the average American. Michael Steele dives into the "absurdity" of current Iran relations. He breaks down the mysterious “big present” President Trump claims to have received and why experts argue we’ve actually traded a working deal for global economic chaos. Michael peels back the layers of this geopolitical crisis to show you exactly how these backroom tensions are hitting your wallet and what the administration's next move really means for your bottom line.

Catch Michael Steele on The Weeknight Mondays - Fridays at 7pm EST on MSNBC: https://www.msnbc.com/weeknight

Follow Michael on X: https://x.com/MichaelSteele

Follow Michael on Bluesky: https://bsky.app/profile/michaelsteele.bsky.social

Follow Michael on Instagram: https://www.instagram.com/chairman_steele/

Follow Michael on Threads: https://www.threads.net/@chairman_steele

Listen to The Michael Steele Podcast: https://podcasts.apple.com/us/podcast/the-michael-steele-podcast/id1412905534

Watch The Michael Steele Podcast: https://www.youtube.com/playlist?list=PLJNKzTkCZE9uNqPiKYw5eU5YkS_mMsr6o

If you enjoyed this, be sure to share it with a friend!

Transcript

Click on a timestamp to play from that location

0:00.0	And now for a moment of clarity.
0:05.0	The closing of the straits means that oil and natural gas is not going through to the international markets that's pushing up the price of gas around the world.
0:16.0	Ordinary Americans can see that. When they go to the pump, they can see the price of oil has gone
0:21.3	through the roof. And so it's really hard to see what it is that we're fighting for here
0:25.8	and what it is that President Trump thinks he is going to achieve that we didn't already have.
0:30.4	That's the absurdity of all of this, is we had a good deal with the Iranians. It took a long
0:36.4	time to negotiate.
0:39.4	And it was working.
0:45.7	And the president hasn't made clear what it is that he is going to do that's going to be better than what we already had.
0:49.8	Ambassador Oana is right on all counts.
0:53.5	We had it all right at the table.
0:58.7	All negotiated, all laid out. out everybody signed off and it was one numb nut in the jar that broke loose and broke the jar for everybody and that's where we find
1:05.3	ourselves so i need you to help me sir understand the answer to a question that our team and I and others have been pondering,
1:13.9	is the president delusional or in denial about an Iran deal?
1:19.6	And I ask that because today, you know, he made this claim about getting some goodies from Iran.
1:26.2	Let's just take a listen to the next level of
1:29.7	Trump here.
1:33.4	They did something yesterday that was amazing, actually. They gave us a present, and the president
1:39.8	arrived today. It was a very big present worth a tremendous amount of money. And I'm not going to
1:47.2	tell you what that present is. It was oil and gas related. And it was a very nice thing they did.
1:52.5	Was it related to the Strait of removes and the flow? Yeah, it was related to the flow and to the
1:57.7	straight. Yeah, it was. Are you negotiating on who's going to control the straight from now on?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Two Squared Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Two Squared Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.