HASSETT told Fox News he would not provide a timetable for Trump's earlier
promised that oil prices would 'reverse rocket-like,' but said the U.S.
government has taken steps to minimize the shock to energy prices. He cited U.S.
Navy escorts keeping oil flowing through the Strait of Hormuz, saying 'billions
of barrels' have passed, and noted markets initially feared $150–$200/bbl moves
that did not materialize. HASSETT said Trump 'will decide when to end' and
warned that without U.S. action the situation could seriously damage the global
economy and human civilization.
