Detailed text transcripts for TV channel - CNN - 20190621:13:29:00
East. that strait of hormuz as you know, jim, 30% of all seaburn oil passes through that very narrow little bottleneck there between the persian gulf and gulf of oman, right? so that is such an important bottleneck right there, and it's about 20% of all the crude oil in the world at some point is going to pass through there. so even though the united states has done so much to try to up domestic production and insulate itself from volatility in the middle east it still has a problem for oil prices, jim. >> that's why those attacks on those tankers mattered. christine romans, good to have you o...