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Ted Cruz: “Iran had been exporting about 2 million barrels a day. They…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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'UTTERLY DEMOLISHED': Sen Ted Cruz on Trump weakening Iran's capabilities

Published | Video Starts at 04:46

And then, and you noted this in your opening monologue, this blockade is imposing crippling economic costs about $500 million a day. And we're also just a few days away from a deadline that is really consequential, which is that Iran had been exporting about 2 million barrels a day. They have limited storage capacity. In just a few days, they're going to hit their storage capacity. And when they do, they will have no choice but shut in their oil wells. (04:46–04:53)

CLAIM

Asserts that Iran's oil export was about 2 million barrels per day and they have limited storage.

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.


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