This is an I-Heart podcast.

Guaranteed Human.

Broadcasting live from the Abraham Lincoln Radio Studio

at the George Washington Broadcast Center.

Jack Armstrong and Joe Getty.

Armstrong and Getty.

And now here's Armstrong and Getty.

President Trump tries to expand a Western coalition to reopen the Strait of Hormuz.

Iran is finding help of its own in China and Russia.

Iran's foreign minister said the military

cooperation with both countries continues.

The straight, or do you say straits of Hormuz, continues to be one of the big, big

stories connected with the war with Iran right now.

I'd say.

And nobody's quite sure when and how it will end, which is not to say it won't,

but it's going to take a while for sure. We discussed that pretty extensively. And was it

hour one or two? I can't remember. Listen to them both. But Europe in particular is reeling

from this for a number of reasons. Partly, they're out of money.

Government debt and borrowing costs were lower during Russia's invasion of Ukraine. They stacked up on money.

They gave lots of benefits to help stimulate the economy.

Today, borrowing costs are surging across the continent. Government debt in the UK and France is at or near the highest chair of GDP in at least 60 years since WW2, said the, essentially the Fed chairman of France.

We don't have any more money. And then rising energy costs have threatened to accelerate

...