The MeidasTouch Podcast
The MeidasTouch Podcast

Thursday Afternoon Breaking News Updates with Ben - 6/25/2026

June 25, 2026

AI Summary

5 min read

Iran Disables Singaporean Ship as Trump Goes MIA

A Singapore-flagged vessel called the Everlone was disabled by Iran's Sapan Navy in the Strait of Hormuz on Thursday after attempting to use the Oman-side route instead of the IRGC-endorsed passage. Iran had warned repeatedly that ships using the alternative route would face consequences. The vessel was transiting with three other ships when Iran's navy broadcast warnings, then struck. The Oman-side lane is now effectively closed. The UK Maritime Association confirmed the closure. Iran's PGSA authority announced that any passage outside designated routes will not be covered by safe passage guarantees or insurance.

This directly contradicts Donald Trump's public claims that Iran has "no Navy" and that the US controls the Strait. The episode's host, Ben Meiselas, played audio of Iran's Sapan Navy issuing warnings and described the incident as a clear demonstration that the US has lost control of the waterway. The MOU signed between the US and Iran in Switzerland includes a 60-day toll-free passage period, after which Iran can charge fees — potentially raising $40 billion annually, according to a Wall Street Journal report. Meiselas argued that the MOU reads as a surrender document because the US lost the war it started.

Rubio Undermines the MOU While Trump Goes Silent

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What you'll learn

  • 1 (01:16) **Episode Open & Iran Strait Incident** - Ben opens with the breaking news of an IRGC attack on a Singaporean cargo ship in the Strait of Hormuz after it attempted to use the Oman route without permission.
  • 2 (05:45) **Obama Calls Out Trump; Inflation & Price Hikes** - Ben notes former President Obama criticizing Trump on a podcast, then pivots to economic data.
  • 3 (06:59) **Midas Touch Network in the News** - Ben highlights recent network impact, including Katie Fang's Epstein lawsuit and Fox News criticism.
  • 4 (10:43) **Market Manipulation & Oil Prices** - Ben argues oil markets are being manipulated, with prices staying low despite massive instability.
  • 5 (14:02) **Trump MIA; Iran Strait Incident Details** - Ben notes Trump's empty calendar and lack of response, then details the IRGC attack on the Singaporean vessel.
  • 6 (16:40) **MOU Terms & Rubio's Middle East Trip** - Ben analyzes the MOU's 60-day free passage period and Iran's plan to raise $40 billion through fees, then criticizes Rubio's trip.
  • 7 (20:03) **GCC Reconciliation & Israel-Lebanon Ceasefire Breakdown** - Ben reports on Gulf states setting up a reconciliation meeting with Iran, and the collapse of Israel-Lebanon ceasefire talks.

+ Full timestamped outline available in the app

Guests on this episode

Show Notes

MeidasTouch host Ben Meiselas reports on breaking news from the day.


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