Kevin Hassett, Director of the National Economic Council, stated on Sunday that he expects oil shipments to resume through the Strait of Hormuz within "a month or two." This prediction comes as the strait remains closed due to the ongoing U.S.-Israeli conflict in Iran. Hassett made these comments during an interview with ABC's Jonathan Karl on the program "This Week," noting that there is "a lot more traffic" currently passing through the strait.
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Hassett forecasts resumption of oil shipments through Strait of Hormuz in one to two months
Kevin Hassett, the National Economic Council Director, predicts that oil shipments will resume through the Strait of Hormuz in one to two months, despite current closures related to the U.S.-Israeli conflict in Iran. He mentioned an increase in traffic in the strait during an interview on ABC.
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Hassett predicts oil will flow through Strait of Hormuz in ‘a month or two’
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Hassett forecasts resumption of oil shipments through Strait of Hormuz in one to two months