Senator Mark Warner

But the kingdom is not as directly exposed as Kuwait, Bahrain, Qatar, the Emiratis, who are really just next door to Iran, who have gotten a... They have been hit much harder by both short-range missiles and by drones than either the Saudis or the Israelis have even been hit.

So they had different interests.

But what has happened, Scott, and this is the part...

that I don't think we have processed yet.

Americans are rightfully upset that we're getting close to $4 a gallon gasoline now because 20% of the world's oil goes through the Strait of Hormuz.

That's not going to go away even if the president, because he feels it in his bones, his words, can declare victory and leave.

That's with us for months to come.

And if it was just gas prices, that would be bad enough.

But now 20% of the world's natural gas goes through the Strait as well.

That's been all cut off.

And matter of fact, the major natural gas facilities in the region have been completely drained of the gas because if it was there and a bomb hits, an Iranian bomb hits, they would turn into fireballs.

So even tomorrow, if they stop, that'll be up for months and months and months before we get that flow back.

Diesel fuels at seven bucks a gallon.

All the trucks or most of the trucks in America ride on diesel.

That cost 15 to 20 percent will come through in consumer prices going up.

Fertilizer, which comes from the region as well.

is going to go up 40% already, at least in farms in Virginia.

I've heard from aluminum.

Half the world's aluminum comes from the region, and two of the four world's biggest smelters are shut down, so aluminum costs are already at an all-time high.

We have helium.