Jake Auchincloss: “We're in an energy shock now in the world.”

“And what Iran has done in the last four weeks is they've laid mines and drones throughout that strait, and they're able to toll it and to deny passage to countries. And what that means is We're in an energy shock now in the world. We have given the Ayatollah the whip hand over global energy markets, and now they don't need a nuclear bomb. They have a deterrent over our energy markets.” (04:28–04:31)

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.