Really, how does the global economy impact the American political cycle that we do with here? But in the medium term, there are so many other global actors that have far more at stake in The Straits of Hormuz matter far more to the Europeans, Japanese, and Chinese than [they do] to us. It matters far more to the Japanese and the Chinese than it does to us. And so I get it in the short term that oil prices and people thinking about the elections, it matters. (28:36–28:45)
CLAIM
Asserts that the Straits of Hormuz are more critical to European, Japanese, and Chinese interests than to the U.S.
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.
