00:17How do you want things to end up with Australia in Hormuzo, would you like them to happen?
00:21Well, we want it open. We want it free. We don't want tolls.
00:26It's international. It's an international waterway.
00:28They're not charging tolls. Right now, they are losing $500 million a day is what it's projected.
00:35I don't know. It sounds like a lot of money.
00:36But whether it's 500 or 200 or 300, they're losing a lot of money.
00:41There hasn't been a ship that's been able to get through without our approval.
00:45And the Navy has done an amazing job. And no ship is going to Iran, as you know.
00:52No ship is going to or out of Iran without our approval.
00:55And they keep their highly enriched uranium.
00:57No, no. We get the highly enriched. We will get it.
01:01We don't need it. We don't want it.
01:03We'll probably destroy it after we get it.
01:05But we're not going to let them have it. Okay?
01:08Thank you very much.
01:14No one in the world is in favor of a tolling system. It can't happen. It would be unacceptable. It
01:19would make a diplomatic deal unfeasible if they were to continue to pursue that.
01:22So it's a threat to the world if they were to try to do that. And it's completely illegal, by
01:26the way.
01:27If all these countries around the world agree with us that Iran can't have a nuclear weapon, that this regime
01:32is a threat to world peace and security, that already have missiles that can reach Europe.
01:35They don't have missiles that can reach America yet. But they have missiles that can reach Europe. We're actually step
01:40forward and do something about it. And everyone goes into hiding. Yeah, I think we're very upset about that. The
01:45president has made that very clear.
01:46I believe the Pakistanis will be traveling to Tehran today. So hopefully that will advance this further. The president's preference
01:53is to do a good deal. That's his preference. It's always been his preference. If we can get a good
01:57deal done, that would be great. I'm not here to tell you that it's going to happen for sure. But
02:01I'm here to tell you that we're going to do everything we can to see if we can get one.
02:04But if we can't get a good deal, the president's been clear. He has other options. I'm not going to
02:08elaborate on what those are, but everybody knows what those are. But his preference is always a deal. His preference
02:13is always an agreement. His preference is always diplomacy.
02:15So let's see if we can get there. So let's see if we can get there. There's some good signs,
02:20but we understand. I don't want to be overly optimistic as well. So let's see what happens over the next
02:24few days.
02:26I'm fascinated about this discussion. Thank you.
02:29These stocks we have, it is eroding. If we have money in the pocket, and if you don't have income
02:39coming, you can spend, spend, but then there is the end of it. We are coming to the end of
02:44it.
02:44And the problem is end of June, early July, the travel season starts. What does it mean? Typically, oil demand,
02:58oil consumption goes up.
02:59So these two things, the stocks are eroding. Not new oil is coming from Middle East, and the demand is
03:12increasing. This may be difficult, and we may be entering the red zone in July, August, if we don't see
03:23that there are some improvements in the situation. This is how I see it.
03:27And just by the red zone, what do you mean?
03:30A zone which is red.
03:32There you go.
03:33There you go!
03:38You.
03:38You
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