00:00Transit is occurring, much more limited than anybody would like to see, and with more risk
00:05than people would like to see, but that's because Iran is doing irresponsible things
00:09with small fast boats, crafts, like I said, with weapons on them.
00:13These are commercial ships, in some cases cruise ships, cruise ships that came through
00:18being threatened.
00:20You saw the, I would call it a silly conference, in Europe last week where they got together
00:26and talked about talking about maybe doing something eventually when things are done.
00:30Those are not serious efforts yet.
00:34We would welcome that.
00:35We would welcome a serious European effort to do something about this strait and this
00:40passage, considering it's their energy capabilities that are most at stake.
00:44I think it's a wake-up call.
00:45It's a wake-up call for countries around the world, either you have capabilities or you
00:48don't.
00:49Otherwise, you're at the behest of a country like Iran, and the only country that can do
00:53something about it is the United States military.
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