English transcript

What they have done is engage in this act of economic terrorism against the entire world.

They basically threaten any ship that's moving through the Straits of Hormuz.

Well, as the President of the United States showed, two can play at that game.

And if the Iranians are going to try to engage in economic terrorism, we're going to abide

by a simple principle that no Iranian ships are getting out either.

We know that's a big deal to them.

We know that applies additional economic leverage.

And again, Brett, thank you for joining us.