Would you say to the American consumer that help is on the way? You have it in mind. Help is on the way. As of today, the way to think about it is The market, because of the conflict around the strait, is in deficit about 10 million barrels a day. Between 8 and 10 million barrels a day right now. So every crude carrier that goes through has about 2 million barrels. (05:07–05:16)
CLAIM
Asserts that the market is short by about 10 million barrels of oil per day due to the conflict.
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.
