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2 days, 18 hours ago Edited

Energy, especially oil, is the backbone of every economy. As I said, a stable oil price, $55 to $70, keeps the global economy running smoothly. But it’s about more than price, it’s about keeping the two-mile stretch of the Strait of Hormuz patrolled. Look at the Suez Canal and how it stays open, because it’s too important for every party that uses it. The same goes for the Strait of Hormuz. That two-mile stretch is vital, and it’s absolutely worth every dollar we invest to keep it open. Let’s build a coalition of all the oil producers in that region to keep that lifeline secure, because our future depends on it.
Energy, especially oil, is the backbone of every economy. As I said, a stable oil price, $55 to $70, keeps the global econ...

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