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Ted Cruz: “The US Naval blockade of the Strait of Hormuz would cost…”

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

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Trump Tightens Grip on Strait of Hormuz Putting Enormous Pressure on Iran plus Qatar Hires DC Lob...

Published | Video Starts at 10:12

And this is a thread from Mead Balecki is a senior fellow at fdd, which is a fantastic think tank on the Middle East. Here's what he put out. And this is, this is really. This detail is really useful. The US Naval blockade of the Strait of Hormuz would cost Iran approximately $276 million a day in lost exports. and disrupt $149 million a day in imports. A combined economic damage of $435 million a day, or $13 billion a month. Wow. Over 90% of Iran's 109.7 billion in annual trade transits. (10:12–10:21)

CLAIM

Asserts that a US Naval blockade would cost Iran $276 million daily in lost exports.

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