The markets were celebrating those statements today. Are you feeling celebratory? No. Media markets would be wise to put the president on mute and examine unflinchingly the reality. And the reality is that The Strait of Hormuz is not open. It's an Iranian river. It is mined. The Islamic Revolutionary Guard Corps is indicating that ships will have to transit close to the Iranian shore and that they're going to maintain control over the choke points of that strait. (05:53–05:56)
CLAIM
Asserts that the Strait of Hormuz is not open.
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