And they've already now locked up and demonstrated that they can hold the entire Middle east, the entire world hostage by stopping the Straits of Hormuz. When the Straits of Hormuz are closed, I mean, the price of gasoline, the price of oil, the price of energy just continues to go up and up and up. It's a key factor of inflation, this war. And this is going to go down. It's hard to look back, it's hard to go forward and say, all right, what's this going to look like in 50 years from now? (05:12–05:21)
CLAIM
Asserts that the closure of the Straits of Hormuz causes energy prices to rise.
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.
