Loading summary
Ron Field
I wrote a little song to remind you. Choice hotels get you more of the experiences you value. The Cambria Hotel's got it all. A rooftop bar. Have a bar. Bring a date, your squad, or even your mom.
Commercial Announcer
Book direct@ChoiceHotels.com Ever wonder where Tropicana got its name? The Tropics. And every time you enjoy a glass, you're not just drinking juice. You're taking a trip, stepping into sunshine and embarking on a flavorful journey into the tropics, where ripe fruit is crafted into wildly delicious juice. And the best part? No passport required. Tropicana. Give life some juice.
The best summer memories are made outside. And L.L. bean has the clothing and gear you need to make these memories. Their effortless styles are created for summers spent outside with family and friends, like hand sewn boat shoes, coastal cotton sweaters, rugged polos, and of course, the iconic polar bear boat and tote, which has been made right here in Maine since 1944. L.L. bean be an outsider. Visit llbean.com to learn more.
Ron Field
Fox News is now streaming live on Fox 1. When it matters most, turn to the voices you trust. We go beyond the headlines, bringing you the stories you won't hear anywhere else. Live coverage, sharp analysis, real perspective at home or on the go. Stay connected when it counts. Stream Fox News on Fox One. Download today.
Commercial Announcer
If your business runs on five different apps, 12 browser tabs, and one spreadsheet that everyone's afraid to touch, it's probably time for Odoo. Odoo is an all in one business management software that connects every part of your business into one powerful, easy to use platform. So instead of wasting time switching between disconnected system, entire business works together in real time. Your team moves faster, your data stays accurate, and you can actually focus on growing your business. Let one unified system run your entire business. From the first opportunity to the final payment, everything works together in one place. Whether you're a small business or managing a large operation, Odoo gives you the flexible platform built to grow with you. Try today for free@odoo.com that's o d
Ron Field
o o.com Donald Trump and his regime were in full panic mode all last night as the Iranian leadership has issued major warnings regarding the Strait of Hormuz and the possibility that war will escalate yet again. Now, you wouldn't know that by listening to the headlines out there, which are controlled by regime media and Trump's market manipulation, but let's pay attention to the facts fol and I'm going to show you the tells that the Trump regime is in a major panic mode right now. You have Treasury Secretary Scott Besson saying, you know how there used to be Baghdad, Bob, in Iraq? Well, now they have Tehran, Tim, and they're just lying about everything in Iran. You should be listening to what we say the deal says, not what Iran actually says the deal says. When you read the memorandum of understanding, you had Donald Trump doing that deranged speech last night where people were walking out while he was giving that speech in Washington, D.C. where he was saying, and we destroyed their navy. And for the first time in 3,000 years, we've created peace in the Middle East. And then you have the Trump regime's energy secretary, Chris Wright, saying, we've never put out more oil than the Strait of Hormuz than we just did in the past 24 hours. 72 ships carrying 20 million barrels. Isn't this incredible? And they are manipulating the market, folks. If you look at the price right now of Brent crude, I mean, you're talking about $72.53. You're talking about prices that are lower right now than when the war even began. And we're talking about prices significantly lower right now than they were under former President Biden. If you want a better understanding of market manipulation, just look right here at this chart I created of the price of Brent crude under former President Biden when you had the oil industry colluding against him. I mean, just look at what the prices were back then. July 2022, when the Strait of Hormuz was open, $111.93. August 2022, $100.45. Look at October 2023, $90.60. September 2023, $93.70, significantly higher than it is right now after this massive, catastrophic war in Iran, where there's still so much uncertainty in. I understand under former President Biden, there was, you know, what was going on. Russia invaded Ukraine, and that was one of the situations that caused the price to rise. But the Strait of Hormuz was open. Most of the oil transport hubs were existing, unlike right now. And so it's obvious market manipulation that's taking place. And when you look right now at the maps, if you look at the satellite footage, which is what we analyze here at the Midas Touch network, look at the past 24 hours in the Strait of Hormuz, right?
Commercial Announcer
Yes.
Ron Field
You'll see an uptick in ships leaving, but you're not seeing ships returning. So there was an exodus of ships trying to get out, by the way, A lot of the ships that got out were affiliated with Iran, were Iranian ships, were Iranian ships working with China. And that's not directly benefiting the United States right now. That's not going to replenish the tank bottom issue that's going on in Cushing right now in Oklahoma, where America keeps its strategic petroleum reserves has been drawn down more than ever like in the history of the United States. Nor is that helping the global strategic reserves, which is close to hitting tank bottom at this stage, at least. And what's going to happen when the ships don't come back in? I mean, I think I'm raising very basic red flags. And the Trump regime knows that. That's why they are in this massive market manipulation mode right now. I mean, if you take a look right here as well, this is how the study of war says it, and I agree with them. Many analysts expect Hormuz to return to pre war normal. But the study of war and Midas touch argues the opposite. It's using the ceasefire to create permanent leverage. That's what is actually going on because Iran won the war. And just read what the MoU says. It says that Iran, in consultation with Oman and other Arab nations will control the Strait of Hormuz. The probability of normalized flows is therefore almost zero. I agree. I don't know why people are treating this like it's going to just go back to normal before the war. That's part of the market manipulation campaign that's going on that would reduce Iran's leverage to zero, and Iran's not giving up its leverage. Have we learned anything? And again, the Trump regime knows this. They're in there. Bernie Madoff, let's scam everybody over and over again, which is going to cause more catastrophic damage. Do we all see what's happening? Iran's Islamic Revolutionary Guard Corps, they put out a warning yesterday, late afternoon, early evening, saying it is entirely unacceptable for any ship to use the Oman shipping lane. You must go through the IRGC controlled lane. And they said if we see ships using the Oman lane, we reserve the right to blow those ships up. That means at any moment right now, we could see a situation where this situation escalates and there may be going back to war. I mean, Iran saying this is its sovereign territory and it's made it very clear any ships using the Oman lane can be subject to a strike right there. You know, at the same time, you have Israel, Netanyahu continuing to strike areas in Lebanon. You have Lebanon. This was a statement issued by Hezbollah last night for Second time In less than 48 hours, the Zionist enemy army deliberately targeted Lebanese citizens who were inspecting their residence in Doha in Kafaraman, claiming that they posed a threat to its occupying forces. The treacherous attack, carried out at 16:30 with a drone launched missile strike, resulted in the martyrdom of two civilian citizens who were directly targeting. The Islamic Resistance reiterates the enemy's actions constitute a flagrant violation of the ceasefire. And so no matter what you think about that one way or the other, the bottom line is that the parties are saying ceasefire violations are currently happening. Right now you have Marco Rubio in the United Arab Emirates and in Kuwait and meeting with Gulf Cooperation Council countries, trying to tell them, don't do reconciliation commissions with Iran, don't work to reconcile your relationship with Iran. After Qatar and Saudi Arabia said they're going to be hosting a conference to reconcile with ir, you have the Trump regime trying to stop that from happening. Iran recognizes that that's happening. That's why you have Iran's Foreign Ministry spokesperson hitting back at Rubio and basically saying, stop interfering, stop misrepresenting the mou, because you're gonna create a situation that brings us all back to war very soon. You have Iran's deputy foreign minister making it very clear that there will be no nuclear inspections until after there is a complete and final deal where Iran gets all of the money unfrozen, where Iran gets all of the benefits until Israel fully withdraws from Lebanon. Israel says it's not withdrawing from Lebanon. In fact, during purported ceasefire discussions between Israel and Lebanon, Israel made under Netanyahu made more demands for more land and saying, yes, we have these security zones, but we want to go even deeper into Lebanon and create what we call pilot zones, security zones. Plus we want pilot zones. And then you have the Lebanese government saying, that's our, those pilot zones. This is our country, you need to get out of our country. And Israel saying, no, no, no, security zones are ours, plus we want pilot zones. So you have all of that taking place right now. And of course Iran's not giving up its ballistic missiles. Iran still has its navy. Iran has now made billions of dollars more because it was ready the moment the US blockade was lifted. Iran tankers boom one after another go send their oil to China. They crushed it and made so much money. And so any aspect of the blockade that was being utilized by the US that may have been affected, although it was a very porous blockade that now has been rendered ineffective because Iran's now been able to get past it because the block And Iran's been able to get all of its oil where it needs to go. And you have this great uncertainty in the strait of. You have all of that happening right now, but then the Trump regime is pumping the oil markets. Like, do you see what's happening right now? And I think they're falsely reporting the data and they're understating what's happening in Cushing, in Oklahoma with the strategic reserves here, what's happening with the international reserves. And I'm not. This is happening in plain view. So let me show you. I mean, you'll see them panic. Here you have Treasury Secretary Besant said, oh, you know, Baghdad Bob, Iran, their Tehran Tim. No, no, you're Baghdad Bob. Trump is Baghdad Bob. You guys have lied about everything. The memorandum of understanding is the memorandum of understanding. You see, the Trump regime now wants to say, well, yeah, that's the memorandum of understanding. That's what's in writing, Shore. And then there were talks in Switzerland where there was a joint statement. That's what's in writing, Shore. But Iran knows there are super. There are super secret side deals going on, and those are the ones that really matter. Not the explicit text that we can all read. It's the secret side deal frameworks that nobody knows. This is the pattern with the Trump regime, right? What did Donald Trump say again last night? I brought in $19.1 trillion. Where, where, where's the deal? Where's the money? Where is it? It's all a lie. They make up everything. The Trump regime. There's no deals. It's frameworks on frameworks. It's so or willing. It's all lies. Here's actual Baghdad Bob. Baghdad Besant. Here's what he has to say. Play this clip.
Political Analyst
So when you hear the Iranians, maybe it's the IRGC with this public relations saying the IAEA inspectors are not coming. The Strait of Hormuz is closed. All of these things day to day get picked up. Just what amazes me, it's the same people, a lot of the hawks in the US who say, you can't believe anything the Iranians say unless they say it about the negotiations.
Commercial Announcer
Right?
Political Analyst
Like believe them for the negotiations. Remember Baghdad Bob from Iraq? It's kind of tran. Tim.
Commercial Announcer
Right.
Political Analyst
Like, it's just a lot of big talk and let's just see how this cooks out. But I'm optimistic.
Ron Field
I mean, these guys are the biggest scummy fraudsters that they are. I mean, they make again, the Bernie Madoffs look like, like child's play compared to this. Then you have this sociopath, Mike Walls, the U.S. ambassador to the U.N. you know, and he has this like, just obnoxious voice. The unfrozen funds are going into escrow. Iran's money's going into escrow and they're gonna be buying agriculture. What are you basing that on? You're just making this up. Iran, there's. If it said in the MoU that Iran has to buy American corn and agriculture, then I would believe you. If it said it in the joint statement. If I saw Iran using the money to. I would believe you. But you're just a bunch of liars. They're not buying corn. You know, remember when the Trump regime bragged that China was buying soybeans when under former President Biden, they bought 26 million metric tons. And then Trump's like, guess what China's buying. 13 million metric tons are not so much better than Biden. I never heard about soybean issues under. I never heard about these things because it just happened. And now you're bragging that you have less soy. I mean, this is what the Trump regime does. Watch this. Sociopath Walls, let's play this clip.
Mike Walls
You've got the unfrozen funds. Those unfrozen funds will go into escrow. And as the president just truth. Just reminding the world that they are going to buy excess crops from our farmers. Wheat, soybean and other agricultural products there. We have no issue with the Iranian people. And the Iranian people have suffered under this regime. In fact, we're starting to see executions now of some of the imprisoned protesters start to increase, which is completely unacceptable. Has been denounced by the UN and a number of countries. We have no problem with helping the Iranian people get fed despite the mismanagement of this regime. But that's. Those unfrozen funds are going to go into escrow. We control it and they buy excess farmer crops.
Political Analyst
So I want to.
Ron Field
And then, as I noted, you know, Donald Trump during that speech, he was like, iran has no navy, they have no missile launchers. I've created peace in the Middle east for the. No, you didn't. You didn't create peace in the Middle East. You can't just say ceasefire in Gaza while the genocide still going on. There's a ceasefire. There's a. I solved eight wars, nine wars. It's all the biggest. It's all a fraud at the biggest level. And the market is being wildly manipulated based on all of this. And what happens if the straight river moves, closes to par? What then happens to streets when no one's being prepared for what's actually happening behind the scenes right now. That's why I want to bring it to your attention. Here's what, here's, here's what Trump says. Let's just, let's play this.
Political Analyst
Today. Iran has no navy, no air force, no anti aircraft capacity, no missile launchers, no manufacturing. And their leadership has been obliterated. And for the first time in 3,000 years, we are finally going to have peace.
Ron Field
And he goes, I'm thrilled to declare that America's back and nobody's laughing at us anymore. The whole world is horrified and laughing at us. Play this clip.
Political Analyst
Nobody's laughing at us anymore.
Ron Field
Then you have Sean Duffy, Donald Trump's transportation secretary, and his daughter has down syndrome. And during his speech while his daughter was standing right next to him and again his daughter Valentina, who has down syndrome, he starts to start calling Democrats and he starts to call the performers who didn't want to play at Donald Trump's 250th speech, whatever the hell it was. Libtards. While he has his down syndrome daughter, he's using a derogatory term and saying libtards again. These are such deranged human beings. Your own daughter with down syndrome is standing right next to you who behaves like this. Let's play this clip right here.
Commercial Announcer
Way better than those libtards that canceled on us.
Ron Field
And so you have the most, again, pathetic, fraudulent regime imaginable. And see for yourself, though, what's going on. I want to give you the data. Do with it what you will. Hit subscribe. Let's get to 7 million. Help us get to 7. We're almost there at 7 million. Help us get to seven million subscribers. Thanks for watching everybody. Want to stay plugged in? Become a subscriber to our substack@midasplus.com you'll get daily recaps from Ronfield, ad free episodes of our podcast and more exclusive content only available@midasplus.com.
Date: June 25, 2026
Hosts: Ben, Brett and Jordy Meiselas (with anchor Ron Field)
Episode Focus: The Trump administration’s response to escalating Middle East tensions, ongoing ceasefire debates, manipulated oil markets, and the deceptive narratives in U.S. politics and diplomacy.
This episode centers on the unraveling ceasefire and diplomatic chaos in the Middle East, focusing on Trump’s administration’s attempts to control the media narrative and manipulate the oil market in light of recent Iranian moves and the ongoing regional conflict. The hosts dissect Trump’s recent speeches and administration statements, exposing contradictions, market machinations, and the dangerous path of escalated conflict beneath claims of peace. The tone is characteristically sharp, irreverent, and critical—with plenty of brotherly banter.
Trump administration is in "full panic mode" following warnings from Iran about controlling shipping lanes in the Strait of Hormuz ([02:34])
Ron Field lays out the disparity between Trump officials’ optimistic reports and actual satellite, shipping, and reserve data
Quote - Ron Field ([03:40]):
“When you look right now at the maps, if you look at the satellite footage...you’ll see an uptick in ships leaving, but you’re not seeing ships returning.”
Iran uses the ceasefire as “permanent leverage,” controlling key shipping routes with Oman and threatening strikes on non-compliant ships ([06:10])
The terms outlined in the Memorandum of Understanding (MoU) give Iran, Oman, and other Arab nations new control of the Strait—contrary to the optimistic market and diplomatic narratives
Ron and the research team believe a true return to “pre-war normal” is nearly impossible ([07:30])
Quote - Ron Field ([07:42]):
“Iran won the war. And just read what the MoU says. It says Iran, in consultation with Oman and other Arab nations, will control the Strait of Hormuz...the probability of normalized flows is therefore almost zero.”
Ongoing ceasefire violations are cited, particularly Israel’s continued strikes in Lebanon and Hezbollah’s condemnation ([09:09])
Rubio’s diplomatic push in the Gulf is framed as U.S. interference to undermine reconciliation attempts between Gulf states and Iran ([10:45])
Iran’s government holds a firm line on no nuclear inspections, no missile relinquishment, and demands for total Israeli withdrawal from Lebanon
Quote - Ron Field ([11:58]):
“Iran’s deputy foreign minister making it very clear there will be no nuclear inspections until after there is a complete and final deal...until Israel fully withdraws from Lebanon.”
Comparison of Trump team’s methods to “Baghdad Bob” style propaganda; Treasury Secretary Scott Besant labeled “Baghdad Bob” and Ambassador Mike Walls called out for fabrication ([12:50])
Trump administration officials dismiss the explicit MoU in favor of supposed “super secret side deals” ([12:34])
Quote - Ron Field ([13:12]):
“The Trump regime now wants to say, well, yeah, that’s the memorandum of understanding...But Iran knows there are super-secret side deals going on, and those are the ones that really matter.”
Political Analyst jokes about believing Iranian statements only when they support regime narratives ([13:20])
Ambassador Walls claims unfrozen Iranian funds are restricted to humanitarian/food purchases; Ron calls this fabricated, lacking any basis in the MoU or joint statements ([15:09])
Trump's notorious exaggerations called out—claims of bringing in “$19.1 trillion” and elimination of Iran’s military capacity doubted ([16:42])
Comparison made to previous soybean purchase claims: Trump exaggerating minor wins as major victories
Quote - Ron Field ([15:55]):
“Donald Trump during that speech, he was like, Iran has no navy, they have no missile launchers. I’ve created peace in the Middle East for the...No, you didn’t. You can’t just say ceasefire in Gaza while the genocide’s still going on.”
“Today, Iran has no navy, no air force, no anti-aircraft capacity, no missile launchers, no manufacturing. And their leadership has been obliterated. And for the first time in 3,000 years, we are finally going to have peace.”
| Segment | Timestamp | |------------------------------------------|---------------| | Oil market manipulation & Trump panic | 02:34–06:00 | | Strait of Hormuz / MoU analysis | 06:01–09:00 | | Israel-Lebanon conflict | 09:01–11:30 | | Iran’s nuclear stance and demands | 11:31–12:30 | | “Baghdad Bob” propaganda critique | 12:31–13:59 | | Economic/humanitarian “escrow” debate | 15:09–15:54 | | Trump’s speech & claims debunked | 16:42–17:14 | | Duffy’s slur incident | 18:02 |
The episode delivers the MeidasTouch podcast’s signature mix of data-driven political critique, biting humor, and earnest calls for accountability. The brothers spare no effort in exposing what they see as the Trump regime’s duplicity, PR games, and dangerous misrepresentations—challenging listeners to look beyond the headlines and question official narratives on the ceasefire, oil markets, and U.S. Middle East policy. Genuine outrage meets sarcasm and investigative rigor, making this episode a compelling resource for anyone hoping to cut through the noise on current geopolitical crises.
Action Call (from Ron Field, [18:20]):
“Want to stay plugged in? Become a subscriber to our Substack @midasplus.com...you’ll get daily recaps, ad free episodes, and more exclusive content only available there.”
This summary omits all ad reads, focusing solely on content-rich political analysis and discussion.