A Moment Of Clarity: The $100 Billion Chokepoint: Why U.S. Diplomacy is Failing in Iran
The Michael Steele Podcast
Two Squared Media
4.8 • 3.3K Ratings
🗓️ 6 May 2026
⏱️ 3 minutes
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Summary
One wrong move in the Strait of Hormuz could send the global economy into a tailspin, yet the U.S. remains locked in a diplomatic stalemate that seems to have no exit strategy. Are we witnessing a massive disconnect in how the current administration reads the geopolitical chessboard? Michael Steele provides a sharp, skeptical look at the current trajectory and asks the hard question: Is anyone actually listening, or are we just shouting into the void of the Strait?
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Transcript
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| 0:00.0 | And now for a moment of clarity. |
| 0:06.2 | It's hard to know what to believe from either side in this case. |
| 0:09.9 | There have been so many different pronouncements over the last several weeks. |
| 0:14.6 | Maybe we can regard that as encouraging, that maybe they're talking and maybe they're getting closer to an agreement. |
| 0:20.1 | Let's hope so. I don't have confidence that that's the case, but let's hope that it is. |
| 0:24.6 | You know, I think that we're in a space where we have a president who just doesn't have a fundamental understanding of what he stepped into. |
| 0:39.2 | And I think it largely emanates from, if I really put a pin on it, Venezuela. |
| 0:46.6 | Because Venezuela, he looked at Venezuela and how that went. |
| 0:49.8 | Oh, we got Maduro, oh, we got, you know, we did this, the ships went in, we got the oil, we're making |
| 0:54.9 | money, it's a good day in the neighborhood. And, and I know that's not what Marco Rubio and |
| 1:02.4 | HECF and others told him. At least I would hope that they would tell him this is not going to be |
| 1:09.3 | easy. There's a little thing called the Strait of Hormuz. |
| 1:12.5 | There's a little thing called Iran and how they have functioned for 47 years against the U.S. |
| 1:19.6 | So what is it then that seemingly U.S. policy doesn't get about this moment? |
| 1:26.5 | I get Trump as sort of dictating turn. |
| 1:28.7 | But you're meaning Trump, there's nothing in this government that can move the needle |
| 1:32.7 | on this conversation beyond where it is right now that Trump understands and can listen |
| 1:37.9 | to. |
| 1:38.9 | Because right now, I don't, if I'm Iran, there is no incentive to come back to the table to talk about anything. |
| 1:46.1 | I mean, I've shut down the straight, right? |
| 1:48.8 | I control the price of oil. |
| 1:51.2 | You make a move? |
... |
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