Iran Sanctions Regime Collapse: Bannon Says Let the Mullahs Destroy Themselves

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This clip aired on January 2, 2026. Transcript begins below and may contain minor errors.

STEVE BANNON (HOST): But we want to start with some geopolitics. And let’s start in Persia, with what’s happening in Iran.

Of course, for followers of the show, you know I’ve been advocating for a long time. You don’t need regime change at the top by going in and bombing. You don’t need to bomb. You don’t need to take out the mullahs. The people of Iran, the people of Persia, will eventually get tired of them. And just like they overthrew the Shah back in 1979, 1980, they will eventually overthrow the mullahs.

If you just enforce the sanctions, remember all the discussions we had back in July, you don’t need to go in for the nuclear facilities because the Mossad intelligence were all lies, right, as we now know from cabinet meetings with the Israeli cabinet that said it wasn’t two weeks, it was a couple of years.

Of course, the United States Navy had to take out the above ground facilities because the Israelis could not finish what they started. And now you’ve got Netanyahu down in Mar a Lago. He’s talking about now they’ve moved the goal post. Now it’s the ballistic missile program.

But what has happened naturally with an economy that’s crashing, a currency that’s crashing, as we said it would, if you just enforce the sanctions and let the mullahs try to run the economy as they’re running it, because they don’t know what they’re doing, running it by Islamic law and not by the laws of a free market economy, the economy will crash and the Persian people will overthrow these guys just like they overthrew the Shah.

Of course, now Netanyahu and Tel Aviv Levin and all those guys, right now we’ve got to go on for regime change. Just let the Iranian people, let the Persians, deal with their own problem.

The one thing we should do, and we’ve advocated this for a long time, because as part of the sanctions, you should cut off the illegal oil that they’re selling to the Chinese Communist Party. We would get two birds with one stone there, because I think their oil is like 50 or 60% of the oil that goes to the Chinese Communist Party. And we should cut that off.

I think that’s a higher priority than interdicting a naval quarantine of oil shipments coming from Venezuela to Cuba.

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