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Ted Cruz: “This blockade is imposing crippling economic costs about…”

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 04:29

Their air force is gone, their navy's gone, their drones are gone, their ballistic missiles are gone, their manufacturing capability is gone. And then, and you noted this in your opening monologue, This blockade is imposing crippling economic costs about $500 million a day [on Iran]. 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. (04:29–04:41)

CLAIM

Asserts that the blockade on Iran is costing them approximately $500 million daily.

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