And we now know that energy was right and State was wrong. Iran's oil sales fell from a million barrels a day down to 300,000 barrels a day. And The price of oil didn't move at all. It had essentially no impact on the global price of oil. When Joe Biden came into office, he inherited an Iranian regime. The economy was in free fall. The regime was, was, was teetering. (01:58–02:03)
CLAIM
Asserts that ending the oil waiver did not affect the global oil price.
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.
