Elissa Slotkin: “20% of the world's oil goes through the Strait of Hormuz.”

“I think at this point, most people know that we are back in combat operations. And what is stuck in the middle is this narrow space called the Strait of Hormuz in the Persian Gulf. 20% of the world's oil goes through the Strait of Hormuz. These ships are not able to be insured to go through the Strait of Hormuz. They're just sitting there waiting. They're either going to get a military escort or what's been happening is they just say, you know what?” (00:31–00:36)

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