The Myth of American Oil Independence

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Politico: “Trump is right: The flow of oil from the Persian Gulf to the U.S. is far less than it used to be. But no matter what he says, the industry is keenly aware of how important that oil still is. That’s why CEOs have been pleading with Trump for weeks to end Iran’s stranglehold on the Strait, which remains vital to the global market in which they operate.”