5/7/26: Saudis Turn On Trump Over Project Freedom, Trump Says $8 Gas Is Worth It For Iran War

This episode of Breaking Points with Krystal and Saagar dives into the dramatic fallout of Trump's abandoned 'Project Freedom' military operation in the Strait of Hormuz, following a sharp rebuke from key U.S. allies Saudi Arabia and Kuwait, who refused to allow American military use of their airspace and bases. The hosts analyze how Iran’s strategy of 'horizontal escalation' has successfully pressured regional allies into distancing themselves from U.S. military actions, undermining American credibility and military capability in the region. Despite Trump’s claim that even $200 a barrel oil—equating to $9 a gallon—would be worth it for the war’s goals, the hosts argue this is a disconnect from reality, especially as working-class Americans face severe economic strain from rising gas prices, airfares, and inflation. They highlight how the U.S. is not insulated from global oil shocks due to outdated infrastructure and a lack of domestic refining capacity, and expose a pattern of insider trading ahead of major war-related news, with traders allegedly profiting hundreds of millions from leaked information. The episode also critiques the moral decay in political and media circles, where ethical boundaries are eroding, and warns that Trump’s only remaining path may be a humiliating deal that cedes strategic ground to Iran.