Eric Bolling
👤 SpeakerAppearances Over Time
Podcast Appearances
But with oil, it's a global market.
If you have an oil that's cheaper over there to transport, it will bring all prices up.
So there was that opportunity.
At one point, he said, you know what, Europe and China, you guys take over the Strait of Hormuz.
Rubio's right.
We're not that sensitive to the Strait of Hormuz oil flowing through there, but we are sensitive because it's like a tail effect.
So when Middle Eastern crude jumps up $10, $20, $30 a barrel, ours is going to as well.
Why not just let them handle it?
The off-ramp was, and he was right.
There, let them handle it.
We did our job.
We eliminated their ability to deliver a nuclear weapon.
And the Iranian people, the Persian side of the Iranian people could say, you know what?
Screw you guys.
We want something different.
That was the off ramp.
I think the market stayed calm until when he was concluding.
It literally didn't jump until he finished.
They were looking for...
a definitive exit strategy.