American Petroleum Institute CEO calls Strait of Hormuz disaster “nightmare scenario for world energy”

The Strait of Hormuz sees roughly 20% of the world’s oil movement by way of it, and tankers are stalled on either side of the slender chokepoint amid suspected Iranian drone assaults, rattling oil markets. Mike Sommers, president and CEO of the American Petroleum Institute, joins "The Takeout" with evaluation.

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