John Cornyn: “Iran has effectively closed the Strait of Hormuz, attempting…”

“And we can't back off of that without badly botching the leverage that we have now to accomplish these goals. Perhaps the most significant current point of contention is Iran has effectively closed the Strait of Hormuz, attempting to choke off the global energy supply. and leading to higher gas prices here at home. Treasury Secretary Bessant has acknowledged that if the Strait is not opened, a global financial crisis could ensue.” (00:53–01:08)

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