00:00The sticking point in the U.S.-Iran deal is now clear, and it directly affects American gas prices.
00:06A senior U.S. official confirmed this week that the tentative memorandum with Iran
00:11requires Tehran to remove all naval mines from the Strait of Hormuz within 30 days
00:16and bans Iran from charging tolls on shipping traffic.
00:20Iran laid sea mines after closing the Strait in early March,
00:24following the U.S. and Israel's strikes on Iranian military targets.
00:27The Strait carries roughly 20 percent of the world's traded oil and a fifth of global LNG shipments.
00:35U.S. gasoline stocks have now fallen for 15 consecutive weeks as refineries run off strategic reserves.
00:42Treasury Secretary Scott Bessent told reporters there would be no sanctions relief for Iran
00:47until it agrees to turn over its highly enriched uranium.
00:51Iran shot down a U.S. drone on May 31, triggering U.S. defensive strikes,
00:56demonstrating how quickly the ceasefire can fracture.
01:00If mines are cleared and the Strait reopens,
01:03energy analysts project a significant drop in U.S. gas prices within weeks.
01:07it would be and the soon-to-to-end of the One-Print corner would be in the same place
01:07as the
01:07more K-A-S-O-S-S-S-I-S-A-S-I-S-A-S-S-S-I-S
01:08-S-A-S-S-A-S-A-S-A.
01:08When it was there for a 19-year-old, the first place in the United States and Israel,
01:08You
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