I'm John Batchel. I welcome my colleague, that is, Macotter, American Greatness,

and our colleague Malcolm Holnine Conference of President's major American Jewish organizations.

The headlines from Bloomberg tell a story of chaos and doubt.

Iran war catapults Asia to the front line of a global energy crisis.

Trump says U.S. doesn't know if Iran's new leader is alive.

Trump appeals for help with Hormuz threatens more strikes.

Trump gets chilly response from allies over demand on Hormuz.

Dollar heads for the worst day in over a month as oil prices decline, sitting now just above $100 a barrel.

Malcolm, a very good evening to you. We begin with Iran. The assault from the air continues by Israel and the United States.

The development in these last hours is the Strait of Hormuz is being treated as if it is closed.

The threat of mines, a threat of missiles, the threat of drones.

One fifth of the earth's oil needed comes out of the Straits of Hormuz in addition to other niche commodities. I mentioned most of that

oil is destined for Asia. The news is that the sanctions against the shadow fleet have been lifted,

at least in terms of selling what's at sea, perhaps more. It's unclear. India has given permission

to buy as much as it needs. It depends on the

shadow fleet now and again, but herefore it's been obeying the direction of the U.S. to not

buy as much. China gets 90% of its oil from the Gulf. However, what we have now is uncertain

future and chaos in the region.

How do you read Iran responding to this, given the doubts about the leadership,

given much to buy a man who lost his family, we're told, or most of it, in the original

strike and who may himself be wounded?

What do you make of Iran's response so far,

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