Oil Prices Surge as Iran War Expands
The Beat with Ari Melber
Ari Melber, MS NOW
4.6 • 4.2K Ratings
🗓️ 9 March 2026
⏱️ 24 minutes
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| 0:00.0 | We've been listening to President Donald Trump speaking in Dural, Florida. His most extensive remarks on the now 10-day war in Iran to date, |
| 0:09.0 | the president made several claims, some familiar, reiterating why he says the United States went to war, |
| 0:14.9 | outlining what might be called a preemptive doctrine, the president saying at one point, as he has said before, |
| 0:20.8 | quote, they would attack us. |
| 0:22.4 | They had attacked their neighbors. And that's why he wanted to enter the conflict first in his view. |
| 0:27.6 | He made other claims that were unsubstantiated, pressed by reporters, for example, on his |
| 0:31.2 | allegation of Iranian-friendly fire and many other assertions. We have special guests standing by. |
| 0:36.8 | We've been watching this with you. |
| 0:38.2 | So I want to bring them in, former diplomat and longtime journalist Rick Stangel. And on the economic side, |
| 0:45.0 | where we have seen the gas and oil prices really change the dynamic to start the week, |
| 0:50.5 | our CNBC colleague and economics expert, Steve Leasman. Welcome to both of you. Rick, |
| 0:56.1 | what stood out to you in this, the president's really longest remarks about Iran since he started |
| 1:00.7 | this war? Thanks, Harry. What stood out to me is I think he got spooked by the oil prices |
| 1:08.9 | going over 120 today, the stock market going down. He felt he had to |
| 1:14.6 | come and try to explain what was going on, but he still can't explain exactly why he's doing |
| 1:20.7 | what he did. He doesn't call it a war. He called it an excursion. This time, he basically used every possible rationale to explain it. |
| 1:31.3 | Eliminate their nuclear threat. |
| 1:33.3 | Eliminate the ballistic missiles. |
| 1:35.3 | Help Israel. |
| 1:36.3 | Help the flow of oil. |
| 1:38.3 | The question is, what is the actual purpose? |
| 1:40.3 | What is the actual outcome he desires? |
... |
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