“I've worked in the White House during an energy crisis. There are no policy solutions to a prolonged closure of the Strait of Hormuz,” says Bob McNally, a former White House energy adviser. Iranian threats have stalled the vital oil route, sending gas prices surging. “You open up the toolkit, and the tools in there, the options range from marginal, through symbolic, to deeply unwise. Escorts are a sideshow, strategic stock releases are a sideshow,” says McNally. “Gas tax holiday, sideshow.” McNally says he supports the U.S. attacks on Iran. “I believe that what President Trump is doing in terms of defanging the Iranian regime is principled, courageous, and correct,” he says. #straitofhormuz #uspolitics #donaldtrump #iran #globaloil
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