And what, what is actually going to happen with prices? The biggest variable there is when do we get ship traffic flowing through the Strait of Hormuz again? Iran has chosen to hold the entire global economy hostage, you know, to their desire to hold onto a nuclear weapon program. China condemned that stoppage of flow through the Strait of Hormuz, just as the United States has. Virtually all the nations of the world are. (04:53–05:02)
CLAIM
Asserts that Iran is holding the global economy hostage due to its nuclear weapon program.
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