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8:14Now PlayingDonald Trump has suggested that the United States is looking to seize Iran’s oil industry, appearing to argue that more time is needed for the war. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!
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"Donald Trump has suggested that the United States is looking to seize Iran’s oil industry, appearing to argue that more time is needed for the war.
“With a little more time, we can easily OPEN THE HORMUZ STRAIT, TAKE THE OIL, & MAKE A FORTUNE,” the US president wrote in a social media post on Friday.
“IT WOULD BE A ‘GUSHER’ FOR THE WORLD???”
It is not clear how the US would open Hormuz, which Iran effectively blocked early in the conflict, sending energy prices soaring.
Trump has been promising for weeks that the US will reopen the strait soon. One month ago, he said that US Navy ships would accompany oil ships through the strategic waterway.
But the US military has said that it is “not ready” to escort slow-moving vessels in the narrow strait, where its ships could become an easy target for Iranian drones and missiles.
Trump’s assertion that the US would “take” Iran’s oil marks an escalation in his rhetoric."
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