English transcript

What we wanted to do was show you the expansion of the new Strait of Hormuz area, as it's now being

contained by the Iranians. For them, this is pivotal, right? This is their ace in the hole.

They have control of the Persian Gulf. And now, because of what they say are the United States

actions, they've actually expanded the control of the Persian Gulf. And there's also a tactical

reason why they did this. I want to show you something now. See that city there, Fujairah?

That's where one of the main oil fields is for the UAE. Now, you see that black line that's

going from there all the way to there? See that black line? That is an oil pipeline. And that

pipeline essentially is the UAE's way of getting oil out without having to worry about traveling

through the Strait of Hormuz, because the exit for that pipeline was outside of the Strait of

Hormuz. So what the Iranians have now done is they've expanded the Strait of Hormuz area that

they are in control of to go beyond the point where Fujairah is. And that's extremely significant,

because it means now that they control even more of the output of the hydrocarbons, the oil, the

LNG, the fertilizer, all the stuff that's coming out of this region, and most particularly the

most important region of all, which is the UAE. So that's what they're doing. On top of that,

by the way, they're using drones and missiles immediately. When they heard Mr. Trump announced

what he was doing with—what is it again?—Project Freedom, they decided they were going to do what

they had threatened to do all along, and that is use their missiles to take out whatever's there

that's trying to enforce this for the United States.