Pete Hegseth on Strait of Hormuz: 'Don't need to worry about it'
CNBC
The Strait of Hormuz, the world's most critical chokepoint for oil shipments, has been effectively closed since the U.S. and Israel began the war on Iran.
Defense Secretary Pete Hegseth on Friday brushed aside concerns that the effective closure of the Strait of Hormuz because of the Iran war, which has spiked oil prices, would continue being a problem for the U.S. and the world for much longer.
"We have been dealing with it, and don't need to worry about it," Hegseth said at a Pentagon press briefing.
Hegseth criticized media reports that have said the United States military did not have a plan to reopen the Strait of Hormuz before the war began, saying there were plans.
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Iran's threat to the Strait of Hormuz can't be fixed by releasing oil from strategic petroleum reserves.
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Analysts say any attempt to attack or seize Iran’s strategic oil hub is likely to be fraught with risk.
The Strait of Hormuz, the world's most critical chokepoint for oil shipments, has been effectively closed since the U.S. and Israel began the war on Iran.
His comments to CNBC come as the U.S. and Israeli-led war appears poised to enter its third week.
The U.S. Central Command said that the loss was "not due to hostile or enemy fire."
The State Department said this week that 36,000 Americans had returned to the U.S. after the start of the war with Iran.