Perhaps the Ellison effect is actualizing inside CNN, but the insufferable furrowed brows of Jake Tapper were unusually non-combative today as he interviewed U.N Ambassador Mike Waltz while discussing Iran. [Video and Transcript Below]

[Transcript] – Joining us now to discuss, the U.S. ambassador to the United Nations, Mike Waltz, a former Green Beret who served in Afghanistan and the Middle East.

Ambassador Waltz, thank you so much for joining us.

The president just said that the U.S. has beaten and completely decimated Iran, both militarily, economically, and in every other way. Help us understand what that means, that Iran has been beaten. Does that mean that U.S. service members will soon be coming home?

MIKE WALTZ, U.S. AMBASSADOR TO THE UNITED NATIONS: Well, Jake, let’s just unpack that for a moment.

Militarily, the U.S. military has decimated Iran’s air force, their air defenses, their missile capability, their missile production capability. This has been a dominant victory, the likes of which we haven’t seen in modern American military history, economically, the maximum pressure campaign that President Trump put in place his first term and reinstituted the second — as the second major item, executive order that he signed this term.

Their currency is tanking. Their foreign reserves are completely depleted. And that’s why you saw the most recent uprising. You saw the uprising based on economic terms. And then, diplomatically, we just saw this week at the U.N. Security Council 135 nations — Jake, it was a U.N. record — 135 nations side with the Gulf Arab countries and condemn the GCC — excuse me — with the Gulf Arab countries, the GCC countries, and condemn Iran for its atrocious attacks on civilian infrastructure, ports, airports, hotels, resorts. And, as I pointed out at the Security Council, I don’t see how the regime argues that those are military targets. They are clearly not, and they are clearly deliberately targeting civilian infrastructure.

And I have got to tell you, this shoot-in-all-directions strategy that Iran has taken on is backfiring. They have never been more diplomatically isolated. Just one more point. Russia and Iran had an opportunity to veto that measure, and they stood back and did not. They abstained.

So, with friends like those, I think Iran is going to stay incredibly isolated.

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President Trump’s latest two messages via Truth Social present an interesting geopolitical approach with multiple enmeshed aspects.

First, some background context is needed.  Treasury Secretary Scott Bessent and USTR Jamieson Greer are in Paris to meet with Chinese government officials ahead of a scheduled meeting between Chairman Xi Jinping and President Trump.

The main objective of the pre-summit assembly before President Trump goes to Beijing, is to hammer out the actionable agreement details that can be signed off by Xi and Trump.  Bessent and Greer are looking to put a deal together with their Chinese counterparts so that Trump and Xi can announce mutually beneficial outcomes during their summit.

Second, President Trump has already indicated the March 31/April 1 meeting with Xi will be all business. The traditional pomp and splendor will not be present, and Trump will only be visiting Beijing – no sidelines.

Third, Secretary Rubio will be accompanying Trump on this trip to Beijing, which might seem ordinary were it not for the fact that in 2020 China sanctioned and banned Rubio from entering China for criticizing Xinjiang and Hong Kong.

Fourth, there are rumors that President Trump is going to announce a significant weapons deal with Taiwan at some point immediately following the trip.  If those rumors are true, it would be a top priority for the Chinese advance team in Paris to stop that from happening.

Regardless of what happens in the next few weeks, President Trump will be meeting with Chairman Xi with full Eagle eye confrontation toward the returning dragon stare.  There will be no panda mask on this trip whatsoever; this face to face is an apex predator showdown, while the world watches intently.

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The fact that Team Russia and Team USA would be discussing a strategic economic alliance on the issue of energy is not a surprise to those who watched both President Putin and President Trump outline that same content discussion in Alaska last August.  However, given the current conflict with Iran and the escalating oil price issue, Russia and the USA discussing Russian oil capacity and U.S. sanctions therein takes on a new angle.

It has been obvious that domestic U.S. politics, in combination with the Russia-Ukraine war, has impeded President Trump from organizing a strategic reset with Russia pulling away from historic conflicts.  However, CTH is also clear-eyed on the longer-term ramifications for Eastern Europe when contrast with Putin’s ambitions to fix what he perceives as prior Russian Federation mistakes regarding the West (more on that at the end).

As noted in social media exchanges from Witkoff and Dmitriev, the discussion was productive.

[SOURCE]

All indications of this meeting give the appearance of less focus on progress in the Ukraine-Russia conflict, and a higher focus on current economic conditions -created by the Iran conflict- that could be enhanced with cooperation between the U.S. and Russia. {GO DEEP BACKGROUND}

According to Kirill Dmitriev, Russian special presidential envoy for investment and economic cooperation with foreign countries and director general of the Russian Direct Investment Fund (RDIF), relayed through the Russian News Agency (TASS), “he visited the US upon orders from Russian President Vladimir Putin, taking part in a meeting of the heads of a working group on economic cooperation between the two countries.”

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President Trump answers questions from the media as he departs the White House for Ohio and Kentucky.  The majority of the questions surrounded Iran and the SAVE America Act.  WATCH:

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President Trump’s U.S. Special Envoy, Steve Witkoff, recently sat down with Greta Van Susteren to outline the point of diplomatic discussions with Iran’s Foreign Minister Abbas Araghchi when things broke down.

The Witkoff explanation is interesting as he outlines Iran’s unwillingness to even consider a cease to their ballistic missile program as part of the expanded security talks.  According to Envoy Witkoff, Foreign Minister Araghchi was intransigent on several key points of concern; even becoming loud and aggressive as he was pushed to explain why seeking ballistic missiles would be needed.

It’s an interesting background perspective that gives context to the decision that President Trump ultimately reached.  WATCH: 

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Secretary of War Pete Hegseth and Chairman of the Joint Chiefs Dan Caine hold a press briefing from the Pentagon with updates on Operation Epic Fury.  “The First Ten Days” recapped.

General Dan Caine noted CENTCOM Commander Brad Cooper will continue delivering intermediate updates.  Caine also outlined how targeting of the Iranian missile systems continues as a priority along with the systematic destruction of the Iranian navy assets.  Both aspects of the operation continue having maximum success and impact.

General Caine also noted how the third objective of dismantling Iran’s infrastructure systems to mechanize war are intensifying.  “We are moving deeper into Iran’s industrial base,” General Caine noted.   Missile attack launches from inside Iran have dropped 90%, and one-way drone launches have dropped more than 80%.  50 Iranian vessels have been destroyed by U.S. targeting.

As Iran’s treat capacity to target vessels continues to be degraded, the Strait of Hormuz begins to open.

US West Texas Intermediate Crude Oil Futures with April 2026 Expiry, traded at $89.89 per barrel, down by 5.2%. This oil benchmark touched an intraday low of 84.45 and recorded an overall decline of 29.3% from $119.43 per barrel level that was touched on March 9th. Yesterday, US WTI plunged nearly 18%.

Brent Crude Oil Price: Brent crude has nosedived by nearly 26.2% and touched an intraday low of $88.10 per barrel. This is compared to $119.50 per barrel mark it hit on March 9. Yesterday, the price dropped nearly 9%. {SOURCE}

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President Trump gives an impromptu press conference aboard Airforce One returning to Florida following the solemn ceremony at Dover Airforce Base. Emissary Steve Witkoff and Defense Secretary Pete Hegseth also delivered some comments on questions from the media.

President Trump answered questions about rising U.S. gas prices saying, this is a confrontation that should have taken place before. For 47 years various presidents have navigated the risk and threats presented by Iran, but President Trump is choosing to end the threat once and for all.

Keeping security issues close to the chest, President Trump refused to directly answer any questions about ongoing operations, targeting or matters of military strategy.  At 7:45 of the video Steve Witkoff and Pete Hegseth also answered questions.  WATCH:

At 10:35 President Trump was asked his opinion on what Russia would say if confronted about support for Iran, and President Trump showcased how well he knows the Russian approach by saying if we confronted them, Russia would just say the U.S. supports Ukraine against Russia, right?   President Trump is correct; Russian President Putin is the master at pointing out hypocrisy in foreign intervention.

At 13:15 President Trump is asked about Kurdish support, and Trump notes the U.S. appreciates the offer but does not want the Kurdish forces to get involved because it only complicates the issues.  The Kurds are our allies, and President Trump has had conversations with Kurdish leadership; however, within that friendship Trump notes it would be dangerous for the Kurds to get involved.

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Overnight last night, Iranian President Masoud Pezeshkian issued a statement apologizing for attacks against neighboring countries and claiming that some attacks were carried out independently by regional commanders without directive due to loss of communication.

President Pezeshkian further stating the Temporary Leadership Council in Iran had ordered a halt to attacks on other countries unless their territory is used to attack Iran.

Within hours the remaining elements of the Islamic Revolutionary Guard Corps (IRGC) rebuked the statement by President Pezeshkian saying the IRGC would continue attacking any/all gulf states as needed.  This was followed by the Iranian clergy saying their president was “weak, unprofessional and totally unacceptable.”

Obviously the political, military and religious elements within Iran are not on the same page.  However, at around 6:00am this morning, President Trump reacted to the original statement by Iran President Masoud Pezeshkian:

PRESIDENT TRUMP – “Iran, which is being beat to HELL, has apologized and surrendered to its Middle East neighbors, and promised that it will not shoot at them anymore. This promise was only made because of the relentless U.S. and Israeli attack. They were looking to take over and rule the Middle East. It is the first time that Iran has ever lost, in thousands of years, to surrounding Middle Eastern Countries. They have said, “Thank you President Trump.” I have said, “You’re welcome!”

Iran is no longer the “Bully of the Middle East,” they are, instead, “THE LOSER OF THE MIDDLE EAST,” and will be for many decades until they surrender or, more likely, completely collapse! Today Iran will be hit very hard!

Under serious consideration for complete destruction and certain death, because of Iran’s bad behavior, are areas and groups of people that were not considered for targeting up until this moment in time. Thank you for your attention to this matter! ” ~ President DONALD J. TRUMP

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Consider the severe economic body blows to China in the past 14 months.

♦ First blow, the Trump tariffs hit Beijing hardest. ♦ Second blow, the Beijing tentacle on the Panama Canal is severed.  ♦ Third blow, global tariff threats changed the risk dynamic for southeast Asia countries who acted as transnational shippers for China. ♦ Fourth blow, cheap sanctioned oil from Venezuela was cut-off. ♦ Now, the fifth blow; cheap, sanctioned Iranian oil is disrupted.

As noted by Politico: Following USA military strikes, “ships have begun to avoid the Strait of Hormuz off the coast of Iran — a critical shipping lane for Gulf nations to export oil to Asia. China in 2025 received about half of its imported oil from the six Gulf countries that rely on the strait. Other large crude oil producers in the region — including Saudi Arabia, Iraq and the United Arab Emirates — transport almost all their crude exports through the geographic bottleneck.”

[SOURCE]

It’s not just a factor of oil flow, but also the price that China will ultimately end up having to pay.  Beijing was buying oil from Venezuela, Iran and Russia at steep discounts because their purchases were skirting western sanctions.

With Iranian oil production now no longer a market option, China will seek to replace their needs with more Russian alternative. However, that diversion means the oil India was purchasing from Russia will come at a higher price, and the refined final product that was exported by India will arrive to the European Union carrying an additional cost.

Simultaneously, Vladimir Putin was asked about Russia’s lack of military support to Iran in response to the U.S. military action, to wit the Russian president noted the technical terms of their joint military agreements did not include Russia’s immediate involvement.  In shorthand, Russia is busy and is not getting involved.

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President Trump makes remarks about the ongoing “Operation Epic Fury.”

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