"The President does know that there is a correlation between gas prices and oil. It's been very clear in everything the President has said, and he said this publicly, he thought this was going to be over by now. I don't know why he thought that, and I don't know why there wasn't some kind of a contingency for what we're seeing now."
"But there clearly is not a plan to deal with this, beyond talking about how the tankers should be tough and keep going through. And that's it's not it's not working. So, this seems to be something that is going to go on for another couple of weeks."
"The President has indicated various timelines of what he wants to A, when he wants to leave, and B, what he was hoping to accomplish. This might not be up to him, at this point."
Nearly two weeks into the Iran war, oil tanker attacks in the Strait of Hormuz have driven up prices and destabilized the stock market. White House correspondent Maggie Haberman indicated the administration was unprepared for this crisis, noting President Trump expected the conflict to end sooner than it has. While Trump understands the correlation between gas prices and oil, his only stated approach involves encouraging tankers to proceed through the strait. Haberman emphasized the absence of a comprehensive contingency plan and suggested the situation may extend beyond Trump's control or desired timeline.
Read at www.mediaite.com
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