Biden energy adviser says "Iranians have a card they never had" with Strait closure
Summary
A senior energy adviser to President Biden said that Iran has gained a new advantage in a conflict by potentially closing the Strait of Hormuz. This move gives Iran a strategic power it did not have before.Key Facts
- Amos Hochstein is a top energy adviser for President Biden.
- He is also a Middle East negotiator.
- Iran could close the Strait of Hormuz, an important waterway for global oil shipping.
- Closing the strait would give Iran a new strategic advantage in the conflict.
- The Strait of Hormuz is a key route for the world’s oil supply.
- Hochstein discussed this situation on the CBS News program "Face the Nation."
- He also works as a managing partner at the investment firm TWG Global.
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