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Ted Cruz: “We ended the oil waivers. Iran's oil sales plummeted and the…”

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

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Sen. Ted Cruz on TikTok, China, the Ceasefire Deal, and Much More

Published | Video Starts at 18:55

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.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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