Former US Energy Secretary Dan Brouillette says Iran's ability to control traffic through the Strait of Hormuz gives Tehran powerful leverage, arguing that control of the waterway is "in fact, a nuclear weapon." Brouillette says ships are not moving through the Strait at normal levels despite President Donald Trump's assertion that it is open, and warns prolonged disruption could establish a higher floor for oil prices because of the added risk premium. He speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)
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Aug 10th, 2026
Brouillette: Strait Control Is Iran's "Nuclear Weapon"
Former US Energy Secretary Dan Brouillette says Iran's ability to control traffic through the Strait of Hormuz gives Tehran powerful leverage, arguing that control of the waterway is "in fact, a nuclear weapon." Brouillette says ships are not moving through the Strait at normal levels despite President Donald Trump's assertion that it is open, and warns prolonged disruption could establish a higher floor for oil prices because of the added risk premium. He speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power."
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