White House Advisor on Oil Flow Through Strait of Hormuz

White House economic advisor Kevin Hassett announced the beginning of oil tanker traffic through the Strait of Hormuz. He emphasized that the Trump administration expects a short-term conflict with Iran.

White House economic advisor Kevin Hassett said in an interview with CNBC on Tuesday that there is 'a beginning of a slight flow' of oil tankers through the Strait of Hormuz. He reiterated the position of the Donald Trump administration, which believes that the war with Iran will last for weeks, not months.

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