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The MeidasTouch Podcast

Thursday Afternoon Breaking News Updates with Ben - 7/16/2026

The MeidasTouch Podcast

MeidasTouch Network

Politics, News

4.956.7K Ratings

🗓️ 16 July 2026

⏱️ 75 minutes

🧾️ Download transcript

Summary

MeidasTouch host Ben Meiselas reports on breaking news from the day. Pre-order the new book from MeidasTouch, WTF America?!: The Way Out of This Hell and Back to Democracy, today: https://bit.ly/wtfamericayoutube SelectQuote: Select Quote: Save more than 50% on term life insurance at https://selectquote.com/meidas TODAY to get started. Cash App: Download Cash App Today: https://capl.onelink.me/vFut/2ukx7bii #CashAppPod. Cash App is a financial services platform, not a bank. Banking services provided by Cash App’s bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. See terms and conditions at https://cash.app/legal/us/en-us/card-agreement. Cash App Green, overdraft coverage, borrow, cash back offers and promotions provided by Cash App, a Block, Inc. brand. Visit http://cash.app/legal/podcast for full disclosures. Car Shield: Visit https://CarShield.com/meidas to lock in your coverage today and protect yourself from expensive car repairs. The Absorption Company: Go to https://AbsorbMore.com and enter MEIDAS at check out for up to 35% off your first order Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast Cult Conversations: The Influence Continuum with Dr. Steve Hassan: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show The Ken Harbaugh Show: https://meidasnews.com/tag/the-ken-harbaugh-show Majority 54: https://www.meidastouch.com/tag/majority-54 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Ben on Breaking News. I'm Ben Myceles. This is your breaking news moments ago. We learned that the

0:06.1

United States is striking the bridges in Iran. We have visuals of the bridges on fire in Iran right now,

0:13.4

and Iran state media is reporting that the United States has attacked the bridge connecting Bandar Abbas to Shiraz. Also, there are power outages

0:24.4

currently affecting areas in Koristan after the area was attacked by U.S. strikes.

0:30.5

U.S. is certainly escalating the strikes on Iran under Donald Trump's directives.

0:36.7

We've been reporting how Donald Trump was

0:39.2

continuing to escalate and escalate. We reported much earlier in this week that we thought

0:45.6

there would be further escalation, the Wall Street Journal, and Donald Trump's personal

0:50.8

stenographer Barack Ravid over at Axios talked about a situation room meeting

0:55.9

that was held earlier this week where the Trump regime discussed escalating this catastrophic

1:03.0

war. And this comes at a time as well where we know that we've officially hit tank bottom

1:08.7

of our strategic petroleum reserves. I've been talking now

1:14.1

at length about the issues with tank bottom. I've been talking about crack spreads, the difference

1:20.8

between the price of crude and the price at the refinery, which is now approaching $70 per gallon. And notably, you have the refinery, which is now approaching $70 per gallon.

1:28.3

And notably, you have the refinery prices continue to rise very quickly.

1:34.3

But now also we similarly have the price of crude rising as well.

1:40.3

And the crack spread continues to grow with crude rising as well.

1:45.2

You have the United States Energy Agency just released a report talking about the U.S. hitting

1:56.1

tank bottom back in June, actually, the EIA, the energy information agency, talking about how

2:06.7

tank bottom was actually hit in June.

2:09.8

And right now we are in a position where, you know, if you just take a look at the graph,

2:17.4

do we have the schematic, Jeremy, of just what tank bottom actually looks like when you can visualize it here? You look at it right here. You see the suction line at the bottom right there and where tank bottom is, where also it'll start getting very kind of sludgy and unworkable,

...

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