US President JD Vance claims that since more oil and gas is exiting the Strait of Hormuz, Iran is losing its grip over the strategic waterway.
“I think that they’re losing their capabilities by the day,” he tells reporters. “I think they’re realising, by the way, that their control over the Strait of Hormuz is effectively gone and it’s a diminishing asset.”
He notes that three months ago, virtually no oil and gas was exiting the strait and that now, it is nearing prewar levels.
“My advice to the Iranians is to stop acting like crazy people and stop shooting at commercial shipping, and in the meantime, we’ve got to do what we’ve got to do, despite what a foreign country is going to do in the Strait of Hormuz,” Vance adds.
