The MeidasTouch Podcast
The MeidasTouch Podcast

Iran Strikes Again as War Escalates and BRICS Pushes Back

September 13, 2026

AI Summary

5 min read

On September 11th, only one oil tanker crossed the Strait of Hormuz, compared to the dozens that would have passed through on a normal day before the war between the Trump administration and Iran. That single data point captures the scale of what the episode calls a catastrophic failure of U.S. strategy in the Middle East, as the host walks through seven major developments in a single 24-hour period that all favor Iran.

Iran Tightens Control Over the Strait of Hormuz and Energy Routes

Iran continues to strike tankers in the Strait of Hormuz, with at least three vessels hit in four days and no U.S. retaliatory strikes taking place, despite Trump's earlier promise to go "tanker for tanker." The result is a near-blockade: only one tanker got through on September 11th. This is already driving up fuel prices, with the host warning that diesel could hit $7–$8 a gallon and gasoline $5–$6 nationally, while California has already reached those levels. The U.S. strategic petroleum reserves are dangerously low, and supply lines for American naval forces are strained because the main logistical hub at the Bahrain base was destroyed earlier in the conflict, forcing reliance on Diego Garcia, thousands of kilometers away.

BRICS Summit Becomes a Diplomatic Win for Iran

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What you'll learn

  • 1 (00:39) **Iran Strikes Tankers as U.S. Retaliation Stalls** - The host introduces the episode's core theme: Iran has hit a third vessel in four days with zero U.S. retaliatory strikes, despite Trump's previous threats.
  • 2 (01:38) **BRICS Summit Bolsters Iran** - Iran's appearance at the BRICS summit in New Delhi is described as a "home run," with a declaration supporting Iran against U.S. sanctions.
  • 3 (02:16) **Houthi Advances and Saudi Weakness** - Iran's Houthi allies continue to advance toward Aden, while the Saudi monarchy appears to be retreating and looking weak.
  • 4 (03:01) **Iran-Oman Deal to Control Strait of Hormuz** - Iran announces a deal with Oman regarding control of the Strait of Hormuz, to be formalized at a meeting in Muscat on Monday.
  • 5 (04:03) **UAE Hedges, Meets with Iran at BRICS** - The United Arab Emirates held a meeting with Iran's President Pazkian on the sidelines of the BRICS summit, a major shift from previous tensions.
  • 6 (05:03) **Iran Considers Leaving Nuclear Non-Proliferation Pact** - Iranian parliament leaders are considering pulling out of the nuclear non-proliferation pact, arguing it makes them a target.
  • 7 (05:40) **Trump's Deranged Claims and Houthi Mockery** - Donald Trump, in Ireland, attacked Canada, the UK, and NATO, and falsely claimed he spoke with the Houthis, who responded by calling him a "clown."

+ Full timestamped outline available in the app

Show Notes

MeidasTouch host Ben Meiselas reports on the latest developments involving Iran as Iran launches more strikes, targets additional tanks, makes major moves on the world stage through BRICS, and escalates its nuclear standoff. Meiselas breaks down the rapidly developing situation and what it means for Donald Trump and the United States.

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