Larry Johnson, Zulfiqar Ali: BREAKING- Trump’s Hormuz WAR Cost $500M in One Night; Hormuz Is NOT Open; “No DEAL Now”

by Transition Protocol(opens in new tab) [8-31-2026] Larry C. Johnson(bio)(opens in new tab).

Larry Johnson: the United States fired between 80 and 90 PAC-3 interceptors in a single night over the Strait of Hormuz — close to half a billion dollars of missiles — and lost two more MQ-9 Reaper drones at roughly $60 million each. His assessment: America is burning through an interceptor stockpile it cannot replace, to defend a strait Iran still controls. Meanwhile, sources reaching this program from inside the office of Iran's Supreme Leader, roughly thirty minutes before recording, describe a mood that has completely soured — and an Iranian leadership now dug in to fight through November.

In this episode: why the US strikes on Larak Island triggered immediate Iranian retaliation against two Jordanian airbases; why Washington's claim that the Strait of Hormuz has been swept collapsed when a ship struck two mines and caught fire hours before recording; why diesel is up almost 60% and why the Strategic Petroleum Reserve can no longer hide the shortage; why Pakistan's army chief Asim Munir brokered a deal Iran believed in and now refuses to return to Tehran; why Pakistan–Iran trade has quadrupled in days; why Trump's 65-billion-barrel Venezuela agreement is, in Larry Johnson's words, an agreement in name only; and what the Istanbul meeting between Pakistan, Saudi Arabia and Turkey could mean for the American position in West Asia.

Larry Johnson is a former CIA analyst and former Deputy Director of the US State Department's Office of Counter-Terrorism, and a founder of this channel. Zulfiqar Ali hosts Transition Protocol and brings same-day source reporting from Islamabad, Tehran and Beijing. This is Transition Protocol / Power Shift: serious, source-driven analysis of global power shifts and their financial consequences. Claims sourced to individuals are labelled as such on screen. CONFIRMED, DEVELOPING and UNVERIFIED material is distinguished throughout.

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