Clarissa Ward | Strait Misbehavin'

The Late Show Pod Show with Stephen Colbert

CBS

Tv & Film, Comedy, Comedy Interviews

4.4 • 2.3K Ratings

🗓️ 12 March 2026

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Energy investors are struggling to keep up as America’s war against Iran roils the markets, President Trump says higher gas prices will be worth it in the long run, and this summer our nation’s capital will host an IndyCar race named “Freedom 250.” CNN Chief International Correspondent Clarissa Ward joins live from Erbil, Iraq to provide an on-the-ground perspective on what’s happening in the Middle East as the United States and Israel continue their attack on Iran, and as the Pentagon memeifies violent imagery on their official social media. Tune in to CNN for more of Clarissa Ward’s reporting from the Middle East.

Transcript

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0:00.0	Your favorite true crime series, 48 Hours, is back for a new season, and so is the official
0:05.5	after show podcast, Postmortem. Every Monday, listen to a new episode of 48 hours, and then
0:11.2	join me, 48 Hours correspondent Anne-Marie Green on Tuesday for a new episode of Postmortem,
0:17.2	where we bring you a closer look at each case. This case was eye-opening on so many different levels.
0:24.1	Follow and listen to 48 hours on the free Odyssey app or wherever you get your podcasts.
0:34.4	Wonderful people. Welcome to the Late Show. I'm your host, Stephen Colbert.
0:41.3	It is day 12 of Trump's Not a War with Iran, and all attention is on one of the world's most important shipping lanes, the Strait of Hormuz, which brings us to the latest edition of Hormuz News
0:57.8	you can use.
0:59.9	It continues.
1:02.6	Now, if you were paying attention in eighth grade geography,
1:05.5	first of all, nerd!
1:09.6	Second, you would know the Strait of Hormuz is this narrow body of water in the Persian Gulf,
1:14.9	through which 20% of the world's oil travels.
1:18.4	So a direct threat to the world economy that Iran has begun laying mines in the Strait of Hormuz.
1:24.8	Oh, no, that's going to truly make it a dire strait.
1:42.0	No one knows exactly how many mines Iran has, but estimates say their stock ranges from 2,000 to 6,000 naval mines.
1:49.0	But experts say shipping traffic can stop almost immediately once a single tanker has hit a mine,
1:54.9	or even if insurers just believe that the threat is credible.
1:58.7	Insurers don't want to get caught up and all that.
2:18.4	They have to focus on their core business of adding characters to the extended flow universe. It's not just minds either. If you thought it was just that, it's not just, if you thought it was just mine, you're wrong, Lewis. It's not just minds. Iran has also covered the strait with shore-based missiles and explosive laden boats.
2:23.0	And since the fighting began, 10 vessels have been attacked. And last night, three more were hit by projectiles. The Strait of Hormuz is now the most unsafe place to be on a boat, narrowly
2:29.3	surpassing with your recently divorced uncle who wants to see what this baby can do.
	...

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