00:00Now we've already acted alongside other countries to release emergency oil stocks at a level
00:06that is completely unprecedented.
00:10But ultimately we have to reopen the Strait of Hormuz to ensure stability in the market.
00:19That is not a simple task.
00:23So we're working with all of our allies including our European partners to bring together a viable collective plan
00:32that can restore freedom of navigation in the region as quickly as possible and ease the economic impact.
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