Sec. Burgum on Hormuz Blockade: ‘The Whole Point Here Is to Deprive a Terrorist Organization from Revenues’

BURGUM: “The whole point here is to deprive a terrorist organization from revenues. And as, as the report just before I came on, if you've got millions of barrels of crude, Iranian crude that are out on the -- on the open sea right now, they can be sold for a premium at this time. And if that money can somehow make its way back through the financial system, that's how they keep -- that's how they keep paying for the terror that they're waging on their own people and around the world.”

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Sec. Burgum on Hormuz Blockade: ‘The Whole Point Here Is to Deprive a Terrorist Organization from Revenues’‘It’s not just a physical blockade; this is an economic blockade’News & Politics,Money & Markets,InternationalEXCERPT:BURGUM: “The whole point here is to deprive a terrorist organization from revenues. And as, as the report just before I came on, if you've got millions of barrels of crude, Iranian crude that are out on the -- on the open sea right now, they can be sold for a premium at this time. And if that money can somehow make its way back through the financial system, that's how they keep -- that's how they keep paying for the terror that they're waging on their own people and around the world.”Video filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Audio filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Recipient e-mailMessage (optional)Preview

Source: Grabien Stories