… allies, always assumed it would be the United States, who, if it ever came to it, would reopen that critical waterway, that key to the globalized economy, which it is. If there's any one geographic spot on the globe that's the key to a global economy, to an interconnected economy, it's the Strait of Hormuz. Here's what the President said last night. The countries of the world that do receive oil through the Hormuz Strait must take care of that passage. They must cherish it. (19:34–19:45)
CLAIM
Asserts that the Strait of Hormuz is crucial to the global economy.
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