Secretary of War Pete Hegseth and Chairman of the Joint Chiefs of Staff General Dan Caine provided an urgent update on the Iran conflict amid escalating hostilities in the Strait of Hormuz.
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Defense Sec. Pete Hegseth and General Dan Caine provided the latest update on the war with Iran. During the briefing Sec. Hegseth said that there was no definitive timeframe on an end to the war. US Secretary of War Hegseth has stated that the US will not stop until its mission in Iran is complete. He also reported a 90% decrease in Iranian attacks on US forces, with 11 Iranian submarines destroyed and military ports "crippled".
In this episode we take a look at the 3,200 ships and 20,000 crewmembers stuck on board ships and what one merchant mariner has reported on the situation on board. We updated the situation in the Strait of Hormuz and Persian Gulf, with Iran allowing ships to leave and enter, and also look at each of the major trading sectors. Finally, we look at the Trump administration proposal to remove the sanctions on Russian and even Iranian oil afloat to offset the increase cost and shortages, while enacting a 60-day waiver of the Jones Act, allowing foreign vessels to engage in the coastwise trade of the United States to haul oil, gas, and fertilizer.
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00:00 Introduction
00:50 Ships and Crew in the Persian Gulf
07:24 March 19 Update
13:48 Un-sanction Russian and Iranian Oil
17:30 60 Day Waiver of the Jones Act
28:43 Conclusion
Trump Waives Jones Act for 60 Days—Shipping Interests Say It Won’t Help Lower Gas Prices
https://gcaptain.com/trump-waives-jones-act-for-60-days-shipping-interests-say-it-wont-help-lower-gas-prices/
Iran establishes ‘safe’ shipping corridor for approved and paid for transits
https://www.lloydslist.com/LL1156656/Iran-establishes-safe-shipping-corridor-for-approved-and-paid-for-transits
G7 Allies Condemn Iran’s ‘De Facto Closure’ of Hormuz, Call for Immediate Halt to Attacks
https://gcaptain.com/g7-allies-condemn-irans-de-facto-closure-of-hormuz-call-for-immediate-halt-to-attacks/
Automotive sector set for disruption as large vehicle carriers remain stranded in Gulf
https://www.lloydslist.com/LL1156654/Automotive-sector-set-for-disruption-as-large-vehicle-carriers-remain-stranded-in-Gulf
Iran Attack Wipes Out 17% of Qatar’s LNG Capacity for up to Five Years
https://gcaptain.com/iran-attack-wipes-out-17-of-qatars-lng-capacity-for-up-to-five-years/
Yanbu loading risk rises as Iran targets energy infrastructure
https://www.lloydslist.com/LL1156667/Yanbu-loading-risk-rises-as-Iran-targets-energy-infrastructure
Concerns mount over rate hangover after wartime tanker boom ends
https://www.lloydslist.com/LL1156658/Concerns-mount-over-rate-hangover-after-wartime-tanker-boom-ends
Trump Floats U.S. Withdrawal from Hormuz ‘Straight’ Security Role
https://gcaptain.com/trump-floats-u-s-withdrawal-from-hormuz-straight-security-role/
Washington Issues Broad Waiver Reopening Venezuela Oil Sector to U.S. Companies
https://gcaptain.com/washington-issues-broad-waiver-reopening-venezuela-oil-sector-to-u-s-companies/
U.S. May Remove Sanctions on Iranian Oil Stranded at Sea
https://gcaptain.com/u-s-may-remove-sanctions-on-iranian-oil-stranded-at-sea/
In this episode, we recap five maritime stories from around the world and provide some updates on past stories. We review the latest Join Maritime Information Center bulletin on the Strait of Hormuz for March 15, 2026, discuss relevant stories and ship passages and discuss a historical analog to the situation the US Navy is facing currently in the Strait.
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00:00 Introduction
01:57 Five Maritime Stories from Around the World
07:56 March 15 Strait of Hormuz Update
20:36 Allied Warships to Secure Strait of Hormuz/Minesweepers
25:56 Historical Parallel to Strait of Hormuz – WORLD WAR ONE
Five Maritime Stories:
1. Sweden Boards Sanctioned Tanker Suspected of Sailing Under False Flag
https://gcaptain.com/sweden-boards-sanctioned-tanker-suspected-of-sailing-under-false-flag/
2. Panama-flag detentions at Chinese ports spike amid Hutchison port fallout
https://www.lloydslist.com/LL1156612/Panama-flag-detentions-at-Chinese-ports-spike-amid-Hutchison-port-fallout
3. Next US tariff plan takes shape as CBP updates on refunds
https://www.lloydslist.com/LL1156620/Next-US-tariff-plan-takes-shape-as-CBP-updates-on-refunds
4. ‘Arctic Metagaz’ LNG Tanker Still Afloat, Malta Warns Ships to Keep Clear
https://gcaptain.com/arctic-metagaz-lng-tanker-still-afloat-malta-warns-ships-to-keep-clear/
5. Trump’s Greenland Hospital Ship Now Sailing Up West Coast After Panama Canal Transit
https://gcaptain.com/trumps-greenland-hospital-ship-now-sailing-up-west-coast-after-panama-canal-transit/
UKMTO JMIC Strait of Hormuz Advisories
https://www.ukmto.org/partner-products/jmic-products/jmic-advisories
Tanker Trackers on X
https://x.com/TankerTrackers
Trump Warns Iran’s Oil Lifeline at Risk After Major U.S. Strike on Kharg Island
https://gcaptain.com/trump-warns-irans-oil-lifeline-at-risk-after-major-u-s-strike-on-kharg-island/
UAE’s Fujairah Port Stops Some Oil Loading Operations After Drone Attack
https://gcaptain.com/uaes-port-stops-some-oil-loading-operations-after-drone-attack/
India’s Tanker Escape: Rare Hormuz Passage Signals New Political Reality for Global Shipping
https://gcaptain.com/indias-tanker-escape-rare-hormuz-passage-signals-new-political-reality-for-global-shipping/
India taps 65m barrels of Russian crude
https://splash247.com/india-taps-65m-barrels-of-russian-crude/
Indian Sailors Stranded Off Iran Just Want To Go Home
https://gcaptain.com/indian-sailors-stranded-off-iran-just-want-to-go-home/
Lured by Profits, Some Shipowners Brave Mines and Missiles to Sneak Oil Past Iran
https://gcaptain.com/lured-by-profits-some-shipowners-brave-mines-and-missiles-to-sneak-oil-past-iran/
Trump Calls for Allied Warships to Secure Strait of Hormuz
https://gcaptain.com/trump-calls-for-allied-warships-to-secure-strait-of-hormuz/
Secretary of Defense Pete Hegseth and General Dan Caine provided an update of Operation Epic Fury as the war with Iran now enters day 13. This also comes as 4 service members were killed in an aircraft crash in Iraq. During the update Hegseth said that "today will be highest volume of the strikes that the US has put over the skies or Iran."
Secretary of War Pete Hegseth and CENTCOM Cmdr. Adm. Brad Cooper address the U.S. strike on Iran and where the country is going from here. #fox #media #breakingnews #us #usa #new #news #breaking #foxnews #petehegseth #bradcooper #iran #iranconflict #war #military #centcom #operationepicfury #pentagon #trump #middleeast #defense #foreignpolicy #usmilitary
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Discover how the proposed $2,000 tariff refund check under Trump’s administration relates to broader economic policies including trade, government spending, and consumer price fluctuations. This piece delves into the complexities of tariff revenues, the legal and legislative hurdles direct payments might face, and the potential delays from court challenges. It emphasizes the importance of understanding how these fiscal decisions impact personal finances and what they mean for future economic stimulus measures.
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Learn about the proposed $2,000 tariff refund by Trump, its connection to trade policies, government expenditure, and inflation. Understand why factors like timing, legal constraints, and actual costs are crucial before expecting any financial reimbursement. This update explains the proposal in detail, showing how tariffs influence everyday prices and why consumers often bear the ultimate cost. It discusses how tariff revenue is generated, the challenges of implementing direct payments due to legal and congressional restrictions, and potential delays from judicial reviews. The video also highlights the uncertain timing, budgetary issues, and the false hope that refunds might reduce expenses, while exploring the implications of this policy debate on personal budgeting, financial planning, and expectations of stimulus-like payments, focusing on clear, realistic perspectives on how government actions affect daily expenses.
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I'm LIVE with my Senate colleagues discussing the Republican shutdown. We can’t allow Republicans to throw 15 million off health care u0026 raise premiums by 75%. Dems must hold the line.
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