I engaged vigorously again and said, end the oil waivers now. Again, Trump agreed with me, so he overruled State. And we now know the answer, which is State was wrong and energy was right. We ended the oil waivers. Iran's oil sales plummeted and the price of oil didn't move globally. It had no effect, had no effect on gasoline here at home. But for Iran, their sales fell from a million barrels a day to, at the end of the Trump administration, to 300,000 barrels a day. (18:55–19:02)
CLAIM
Asserts that ending oil waivers reduced Iran's oil sales without affecting global oil prices.
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.