5/12/26: Trump Says Ceasefire On Life Support, Trump Desperate Gambit On Gas Prices, UFO Files Breakdown

Emily and Saagar discuss mounting pressures from the Iran war, including a stalling ceasefire and surging gas prices, alongside a lackluster UFO files release and brief foreign policy frustrations.

Iran Ceasefire on "Life Support"

Trump described the Iran ceasefire—now matching the length of prior fighting—as "on massive life support," likening it to a 1% survival chance after dismissing Iran's response as "a piece of garbage." The 15-day truce has seen repeated exchanges, like US strikes on Iranian tankers and Iran hitting ships. Islamabad talks failed, and leaked US proposals were rejected by Tehran, which demands recognition of its rights per a 14-point plan. Trump met his national security team, including VP, Marco Rubio, Pete Hegseth, and Joint Chiefs chairman, to weigh military options after Iran's refusal on nuclear concessions and sanctions relief. Iran expanded its Straits of Hormuz claim to a 200km-wide zone from Jask port to Siri Island, signaling leverage. Speaker Ghalibaf warned of a "well-deserved response" to aggression. UAE secretly struck an Iranian oil refinery on Lavan Island in April, confirming OSINT reports and escalating Gulf tensions—Kuwait arrested alleged IRGC plotters, UAE condemned it while showing solidarity. Gulf states face shutdowns: Kuwait exported zero oil barrels recently, Saudi production down 25%, UAE hotel occupancy at 10%. Hosts note