Welcome to the beat. I'm Ari Melba. We begin with Trump's war on Iran. It's threatening now to

really metastasize into a global economic crisis. And the strategy has reached levels of

incoherence and public contradiction. World markets very much rattled today. Here's some video

from Iran, the largest natural gas field in the world, is on fire. That's after some Israeli

strikes. Iran has hit

oil and gas infrastructure throughout the Middle East. We have footage there from Saudi Arabia.

Cycle of escalating attacks on energy targets. Trump tried to tamp this down and he's threatening

to escalate his own attacks, though, on energy targets. He says the U.S. will massively blow up Iran's

largest gas field if Iran strikes

more oil fields. The Treasury Secretary also taking this kind of approach, saying the U.S.

is considering rolling back sanctions on Iranian oil.

We had a what break the glass plan across the administration and a Treasury, we unsanctioned Russian oil.

We knew that there were about 130 million barrels on the water, and we created supply that is

beyond the Straits of Hermose. In the coming days, we may unsanction the Iranian oil that's on the water. It's about 140 million barrels.

Unsanctioned Iranian oil. That, of course, is a reversal of something that has been a longstanding way to have impact on Iran.

Bloomberg reports doing that would be a reversal of policy since the U.S. has used energy

sanctions to bring Toronto to the negotiating table over nukes, the price of crude jumping

to $119 a barrel. Then it kind of moved around and landed around 108.

Experts say gas prices could reach four bucks a gallon. The Pentagon is preparing to ask Congress to pay this

bill, and this is a rolling, rising tab, $200 billion. Those numbers only go up. They don't go down.

There's also reported the Pentagon is eyeing a new phase, considering deploying thousands of

U.S. troops to the Middle East, this would be to secure

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