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Hello and welcome to the DSR Daily. I'm David Rothkopf. I'm joined by Riley Fessler and Minas Stein today.

Like every day, we're going to take a look at a few of the big headlines, try to find a little bit of meaning in them.

Riley, kick us off. After Israel struck Iran's South Pars and gas field, Iran retaliated by

attacking Qatar's Ras Lafhan-LNG facility, causing extensive damage and a surge in global energy

prices. President Trump responded by threatening to, quote, massively blow up, end quote,

the remainder of the Iranian gas field if the

U.S. ally is targeted again. While Trump expressed a desire to avoid further destruction, Qatar has

condemned the brazen Iranian strikes and expelled Tehran's diplomats from the country.

Yeah, this sort of follows the pattern of everything here. If you recall, 20 seconds ago, when Riley described this, he said, after Israel struck Iran's gas fields, Iran struck Cutter's gas fields. So this whole process was triggered by Israel.

There is some sense that perhaps the Israelis overreached here and that the U.S. President

was not terribly happy with that either.

Loyal this morning or as of the time that we're recording this was up to around $114 a barrel.

That's bad.

There are also stories this morning that economists say, oh, we're not worried about a

global recession until it gets to $130 a barrel.

That's not too far away. That's one or two more mistakes like this away.

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