20% of the world supply goes through the Strait of Hormuz. That's another part of this and the calculation here. So break that down a little bit so people understand. Yeah, I think that's right. We have seen an energy spike. And anytime there's a conflict in the Middle east, you typically see oil prices spike and gasoline prices spike. My expectation is that will be a short term spike. I don't expect this conflict to last more than a couple of weeks. And I think you'll see gasoline prices drop back down. (04:42–04:51)
CLAIM
Asserts that conflicts in the Middle East typically cause oil and gasoline prices to spike.
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