Elissa Slotkin: “20% of the traffic that moves oil around the world goes…”

“And that's because of this very important transit area, the Persian Gulf, which of course you've heard of, but a very particular choke point called the strait of Hormuz. 20% of the traffic that moves oil around the world goes through that one choke point [the Strait of Hormuz]. And Iran is certainly has always been focused on projecting military power into the Persian Gulf. So right now there is virtually no traffic moving, no shipping traffic, no ships moving oil and other things through the Persian Gulf.” (04:36–04:44)

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.