Of course, one of the consequences of the Iran war that I don't believe this president fully thought through was the impact on world oil supplies and world oil shipping to move oil supplies around 20% of the world's oil comes through the Straits of Hormuz, which Iran is influencing deeply right now. And you can't take 20% of world oil off the market in any way, shape or form and not have oil prices and gas at the end of the day go up. (49:51–50:16)
CLAIM
Asserts that Iran is currently influencing 20% of the world's oil supply that passes through the Straits of Hormuz.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
