Edward Markey: “The global oil benchmark Brent crude spiked to nearly $120 a…”

“And in response to Trump's attacks, Iran has choked off nearly all tanker traffic going through the Straits of Hormuz, which transports a fifth of all oil used every day around the world. This is a doomsday scenario for global energy prices. The global oil benchmark Brent crude spiked to nearly $120 a barrel on Sunday. and it is about $100 a barrel right now, up from about $60 a barrel at the beginning of the year. So let's look in front of us.” (02:19–02:28)

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