Ben Ferguson: “20% of the world supply goes through the Strait of Hormuz.”

“The president has made it clear he thinks this is going to be short term event and we're not invading. We are going after regime change and then things will go back to normal. 20% of the world supply goes through the Strait of Hormuz. That's another part of this and the calculation here. So break that down a little bit so people understand. Yeah, I think that's right. We have seen an energy spike.” (04:32–04:37)

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