00:00What I hope there is, this is what I hope for, and this is the point I made, is we
00:03all would love to see an agreement with Iran in which the Straits are open and they abandon their nuclear
00:08ambitions and so forth, their nuclear weapons ambitions.
00:12That's what we would all hope for, and that's what we're going to continue to work on, and that's what
00:15work is ongoing even as I speak to you now in that regard.
00:18But we also have to have a plan B, and plan B is what if Iran refuses to open the
00:23Straits?
00:23What if Iran decides we refuse to open the Straits, we're going to own the Straits and we're going to
00:27charge tolls for it?
00:29At that point, something has to be done about it, and I would argue that there are countries represented here
00:34today that are more deeply impacted by this than even the United States.
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