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Hundreds of oil tankers are sitting in the upper part of the Arabian Gulf. And they are filled to the brim with oil that will soon hit world markets. And meanwhile, while oil supplies are rapidly recovering, Chinese oil demand has plunged as a result of their continued economic slump. All of this shows how Iran’s supposed Hormuz oil weapon has been neutered.
With Sen. Bill Hagerty, Liz Peek, Steve Moore, Kim Strassel, Victoria Coates, and Walter Russell Mead
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