00:00And Mick, just listening to what you're saying and bearing in mind the reports that Australia
00:03form uses is heavily mined, how complex an operation is it going to be for the United
00:08States to blockade that waterway?
00:10Awesome, Tom, it's going to be very complex. So on the issue of the naval mines, the U.S.
00:16is going to likely have to clear that in the event that this actually ends in a resolution
00:21that allows the free flow of traffic. That's going to be complex. It depends on how many
00:26mines are there. It could take weeks or longer. On the actual blockade, that's going to be
00:31very complex. We do have a lot of naval assets in the region, but it's still a very large
00:37waterway. And if these ships simply will not stop, that's going to require a forced boarding
00:44via boarding party. And that's going to be quite extensive. It might be somewhat obstructed.
00:51I can't imagine they're going to actually try to force this boarding party off. But it's a
00:58potential that Iran puts armed personnel on the ships, and therefore it would be an opposed
01:04boarding, which is an entirely different operation. So it is very complex. It won't be easy. But if it
01:10does have the desired effect on the regime, the intent, I think, from the U.S. perspective,
01:15is to force them back to the negotiation table once their primary resource is cut off. But this will
01:23affect, of course, the rest of the world as the less energy that's available, the higher the cost is.
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