Original Broadcaster Captioning (Enhanced). Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:00THROUGH C-SPAN. THERE'S SOMETHING FOR EVERY C-SPAN FAN.
00:00:04EVERY PURCHASE HELPS SUPPORT OUR
00:00:06NONPROFIT OPERATIONS.
00:00:09SHOP NOW OR ANY TIME ONLINE AT
00:00:12C-SPANSHOP.ORG. GEAR UP FOR ENGAGEMENT.
00:00:16>> AN ANNOUNCEMENT FROM TREASURY
00:00:19SECRETARY SCOTT BESSENT ON NEW ECONOMIC PRESSURE THAT THE TRUMP
00:00:22ADMINISTRATION IS PUTTING ON WAR AMID WAR WITH THAT COUNTRY.
00:00:26HE TALK ABOUT THAT THE TRADE WAR WITH CANADA.
00:00:28IT'S JUST UNDER 20 MINUTES.
00:01:03>> GOOD AFTERNOON. TODAY, PRESIDENT TRUMP'S
00:01:07DIRECTION, THE UNITED STATES
00:01:09TREASURY HAS BEGUN OPERATION
00:01:12ECONOMIC OUTCAST. AN UNPRECEDENTED CAMPAIGN
00:01:15AGAINST THE ISLAMIC REPUBLIC OF
00:01:18IRAN AND ITS ENABLERS.
00:01:20IN THE SECOND WORLD WAR, D-DAY
00:01:23MARKED THE HISTORIC BEGINNING OF
00:01:24A CAMPAIGN WITH OUR ALLIES TO
00:01:27TARGET AND DRIVE THE ENEMY FROM
00:01:29ITS POSITIONS INCLUDING THOSE IN THIRD COUNTRIES.
00:01:33TODAY, IN THAT SAME SPIRIT,
00:01:36WE'RE LAUNCHING AN ECONOMIC
00:01:39ONSLAUGHT AGAINST IRAN'S FINANCIAL CONNECTIONS AROUND THE
00:01:43GLOBE.
00:01:45OUR OBJECTIVE IS TO SEVER EVERY
00:01:49ECONOMIC LIFELINE THIS SUSTAINS
00:01:53THIS REGIME UNTIL IRAN STANDS
00:01:58ALONE. THEY VOTE THEMSELVES TO DEATH TO
00:02:00AMERICA AND SEEK NUCLEAR WEAPONS TO DO THAT.
00:02:04THEY HAVE MURDERED AND MAMED
00:02:06MORE OF OUR CITIZENS AND SERVICE MEMBERS THAN ANY OTHER TERRORIST
00:02:10REGIME ON EARTH.
00:02:13THEY HAVE BEEN AT WAR AGAINST
00:02:15AMERICA, THEIR NEIGHBORS IN THE
00:02:17GULF AND MUCH OF THE WORLD FOR 47 YEARS.
00:02:21PRESIDENT TRUMP HAS TAKEN ACTION
00:02:23THAT HIS PREDECESSORS HAVE LONG DEFERRED.
00:02:26UNDER HIS LEADERSHIP, AMERICA IS
00:02:28NO LONGER MANAGING THE IRANIAN THREAT.
00:02:31WE ARE ENDING IT.
00:02:34OUR GREAT ARMED FORCES HAVE LAID
00:02:37THE GROUNDWORK FOR ACHIEVING THE
00:02:40PRESIDENT'S OBJECTIVE OF PREVENTING IRAN FROM EVER
00:02:44OBTAINING NUCLEAR WEAPONS. THEY'VE SHOWN AMERICA'S RESOLVE
00:02:48TO FINALLY END THIS THREAT. THIS THREAT.
00:02:52AND THE STRENGTH OF AMERICA'S ECONOMY UNDER PRESIDENT TRUMP
00:02:55ALLOWS US TO WAIT THIS SUSTAINED
00:02:59FINANCIAL OPERATION ALONGSIDE THE MIGHT OF OUR MILITARY. IRAN NOW FACES A VERY CLEAR
00:03:04CHOICE WITH ONLY TWO PATHS BEFORE THEM.
00:03:08COMPLETE GLOBAL ISOLATION AND A
00:03:13SUBSTANCES ECONOMY, OR A PATH BACK TO NORMALCY WITH AN
00:03:16OPPORTUNITY TO REJOIN THE GLOBAL ECONOMY.
00:03:20TODAY, WE ARE LAUNCHING OPERATION ECONOMIC OUTCAST TO
00:03:24FORECLOSE EVERY OTHER OPTION
00:03:26AVAILABLE TO THE IRANIAN REGIME.
00:03:29TREASURY HAS MAPPED EVERY NODE,
00:03:31EVERY FACILITATOR, EVERY NETWORK
00:03:34THAT IRAN HAS USED TO SMUGGLE
00:03:37OIL AND EVADE SANCTIONS.
00:03:39BEGINNING TODAY, THE ACTIONS OF
00:03:41TREASURY AND OTHER AGENCIES WILL TIGHTEN THE NOOSE AND BLOCK
00:03:45EVERY POTENTIAL SOURCE OF
00:03:47REVENUE THAT FUNDS THE IRGC AND
00:03:50THE PEOPLE IRANIAN REGIME. WE ARE ENFORCING A ZERO LEAKAGE APPROACH.
00:03:55THERE WILL BE NO MINIMAL BREATHING SPACE FOR THE REGIME
00:03:58TO REBUILD ITS CAPACITY TO INFLICT TERROR AGAINST AMERICA
00:04:02AND THE WORLD. THE FINAL REFUGE OF THIS REGIME
00:04:07IS THE MISTAKEN CONCLUSION OF
00:04:09NATIONS THAT STILL FINANCE THE IRANIAN THREAT IN THE HOPES OF
00:04:13INVADING IT. IT IS NO LONGER ACCEPTABLE TO
00:04:16OPERATE IN THE GRAY SPACES OF THIS CONFLICT.
00:04:20COUNTRIES CANNOT CLAIM THEY ARE BLIND TO ENABLING THIS ACTIVITY.
00:04:26IRAN'S NEIGHBORS PURCHASE, TRANSPORTED PETROLEUM, TO
00:04:30FACILITATE THE FLOW OF ITS FINANCES THROUGH EXCHANGE HOUSES AND FREE TRADE ZONES.
00:04:35THEY WELCOME IRAN'S LIFE AND MAINTAIN REGISTRIES ON ITS BEHALF.
00:04:39THEY TURN A BLIND EYE TO FUEL
00:04:43TRANSFERS AND OVERLAND TRANSITS. THEY CONDONE ILLICIT USE OF
00:04:46THEIR BACKS ALL THE WHILE
00:04:49CONCEALING THE EXTENT OF THEIR COMPLICITY.
00:04:53BUT THE PRESIDENT IS MAKING PHONE CALLS TO WORLD LEADERS WITH SPECIFIC REQUESTS TO CEASE
00:04:57THEIR INTERACTION WITH THE REGIME.
00:05:01WE ARE ALREADY SEEING RESULTS.
00:05:03OVER THE WEEKEND, COMMENTS FROM IRANIAN LEADERSHIP CLEARLY
00:05:07ACKNOWLEDGE THE EFFECT OF THIS
00:05:11CAMPAIGN. NATIONS THAT FACILITATE ANY INTERNATIONAL -- INTERACTIONS
00:05:15WITH THE REGIME SHOULD QUICKLY SHEET OUR MESSAGE.
00:05:19THOSE WHO STAND WITH THE UNITED STATES WILL REAP THE REWARDS OF
00:05:22OUR PARTNERSHIP. THOSE WHO TENDED THEMSELVES TO
00:05:26THE IRANIAN REGIME SHOULD EXPECT
00:05:27TO SHARE IN THE ISOLATION OF A WITHERING REGIME.
00:05:32TEAMS FROM TREASURY, STATE, AND
00:05:36THE U.S. MILITARY ARE NOW MEETING WITH THEIR GLOBAL
00:05:38COUNTERPARTS TO TELL THEM THAT THE UNITED STATES EXPECTS ACTION.
00:05:44EVERY COUNTRY HAS A DEFINED TIMELINE TO SHUT DOWN ACTIVITIES WE HAVE IDENTIFIED.
00:05:49IF THEY DO NOT TAKE ACTION, WE
00:05:52WILL DO SO UNILATERALLY THROUGH TREASURY AUTHORITIES.
00:05:55FOR EXAMPLE, EVERY BRANCH OF --
00:06:02MUST BE SHUTTERED AND DARK. LET ME BE CLEAR.
00:06:05ANY ENTITY THAT FACILITATES IN MONEY LAUNDERING ON BEHALF OF
00:06:09IRAN WILL BE REMOVED FROM THE U.S. DOLLAR SYSTEM.
00:06:15THE CLOCK JUST STARTED TICKING.
00:06:18THE NEW SECTORAL SANCTIONS DETERMINATIONS ISSUED TODAY
00:06:22TARGET FIVE OF IRAN'S MOST VITAL
00:06:25LIFELINES THAT IT EXPLOITS IN OTHER COUNTRIES.
00:06:28DIGITAL ASSETS, TECHNOLOGY, GOLD, AVIATION, AND SHIPPING.
00:06:32THESE MEASURES BROUGHT IN
00:06:36SECONDARY SANCTION RISK FOR ANYONE FOOLISH ENOUGH TO
00:06:40CONTINUE CONDUCTING BUSINESS WITH THIS REGIME AND WILL
00:06:43ACCELERATE THE SPEED WITH WHICH WE PURSUE THEM.
00:06:48AS I SPEAK, TREASURY'S OFFICE OF
00:06:52FOREIGN ASSETS CONTROL IS ALSO SANCTIONING OVER 60 ENTITIES,
00:06:57INDIVIDUALS, AND VESSELS AROUND THE WORLD THAT ENABLE THE
00:06:59IRANIAN REGIME TO PROCURE ILLICIT NUCLEAR AND MISSILE
00:07:04TECHNOLOGY, CONDUCT CYBER OPERATIONS, AND GENERATE OIL REVENUE.
00:07:09THIS IS A SUSTAINED CAMPAIGN TO
00:07:13COLLAPSE EVERY LAST OPTION FOR IRAN.
00:07:15LET THERE BE NO AMBIGUITY AS THE
00:07:19POSITION OF THE UNITED STATES, AND ECONOMIC ENGAGEMENT OF ANY
00:07:22KIND WITH THE MURDEROUS REGIME
00:07:25WILL EXPOSE THOSE RESPONSIBLE TO
00:07:27THE FULL REACH OF AMERICAN POWER.
00:07:30FOR DECADES, THIS REGIME HAS DRAWN STRENGTH FROM A CALCULUS
00:07:33THAT REGARDS IRANIAN RETALIATION
00:07:37AS CERTAIN AND AMERICAN ENFORCEMENT AS NEGOTIABLE.
00:07:41UNDER PRESIDENT TRUMP, THAT ERA
00:07:45IS OVER. TO THE ORDINARY SOLDIERS OF
00:07:47SUPPORTING THIS REGIME, AS MORE OF YOUR PAYCHECKS A STOP OR ARE
00:07:51JUST DELAYED, ASK WHERE YOUR COMMANDERS ARE LEAVING YOUR
00:07:55COUNTRY TO TRIUMPH OR TO RUIN.
00:07:57AND RECALL THAT THE BERLIN WALL
00:08:01FELL WHEN ORDINARY SOLDIERS DECIDED NOT TO SHOOT AT THEIR OWN PEOPLE.
00:08:04AND TO THOSE WHO ENABLE TEHRAN,
00:08:07DO NOT DISCOUNT THE COST OF
00:08:09TESTING WASHINGTON'S RESOLVE.
00:08:13NO NATION SHOULD EXPECT TO ENJOY THE REWARDS OF OUR SYSTEM WHILE
00:08:17HELPING THOSE WHO SEEK TO DESTROY IT.
00:08:21IT IS NOW A TIME FOR WORLD
00:08:23LEADERS TO MAKE A DECISION BETWEEN PROSPERITY AND
00:08:27ISOLATION, PEACE AND TERROR, AMERICA AND IRAN.
00:08:33THE CAMPAIGN WE BEGIN TODAY WILL GATHER FORCE WITH EVERY DAY THAT
00:08:37FOLLOWS, AND IT WILL NOT END
00:08:41UNTIL THIS REGIME STANDS ALONE. WITH THAT, I WELCOME YOUR QUESTIONS.
00:08:52DAVID FROM REUTERS.
00:08:54>> THANK YOU, SECRETARY.
00:08:58ONE OF THE MOST POWERFUL TOOLS
00:09:00YOU HAVE IN YOUR DISPOSAL IS THE
00:09:04ABILITY TO IMPOSE SECONDARY SANCTIONS ON BANKS AND FINANCIAL INSTITUTIONS THAT FACILITATE
00:09:08TRANSACTIONS FOR IRAN.
00:09:13CHINESE BANKS HAVE ALSO BEEN TALKED ABOUT BEING TARGETED BUT
00:09:17WE DON'T SEE ANY OF THOSE INSTITUTIONS TARGETED HERE.
00:09:22IS THAT SOMETHING THAT IS COMING IN THIS CAMPAIGN?
00:09:26IS THE VERY DELICATE TRUE TRUCE
00:09:29WITH CHINA SOMETHING THAT COULD
00:09:32PROHIBIT YOU FROM GOING THAT FAR AND TAKE THAT VERY BIG STEP?
00:09:35SEC. BESSENT: WE WANT TO MAKE
00:09:38CLEAR HERE TODAY THAT NO ONE IS ABOVE THE REACH OF THE U.S. SANCTIONS.
00:09:45THAT IF THEY FACILITATE TRANSACTIONS AND ARE PART OF THE
00:09:48ECOSYSTEM THAT TURNS IRANIAN OIL
00:09:50INTO MONEY COME INTO REPRESSION,
00:09:55THEY WILL BE TARGETED.
00:09:57WE FIND THE BEST WAY TO ENGAGE WITH COUNTRIES IS THROUGH QUIET
00:10:02DIPLOMACY.
00:10:05WE ARE LEVEL SETTING WITH EVERY COUNTRY TO TELL THEM OUR EXPECTATIONS.
00:10:09WE KNOW WHO THEY ARE, THEY KNOW WHO THEY ARE.
00:10:14SO WHEN THE HAMMER OF U.S.
00:10:17TREASURY ACTIONS FALLS UPON THEM, THEY WILL HAVE NO ONE TO BLAME BUT THEMSELVES.
00:10:23RICHARD FROM CVS. -- CBS.
00:10:26>> THANK YOU.
00:10:29YOU SAID THE PRESIDENT IS CALLED WORLD LEADERS WITH SPECIFIC
00:10:32ASKS, AND THAT THERE IS A
00:10:36DEFINED TIMELINE. WHO IS HE, AND WHAT ARE THE ASKS?
00:10:39SEC. BESSENT: WE ARE NOT GOING
00:10:42TO NAME NAMES. WE HAVE ALREADY SEEN SOME RESULTS.
00:10:45I AM CONFIDENT, THE PRESIDENT COME AS YOU KNOW, IS QUITE PERSUASIVE.
00:10:50WE ARE FOLLOWING HIS CALLS UP
00:10:51WITH CALLS FROM VISITS, CALLS
00:10:55FROM THE STATE DEPARTMENT AND FROM THE U.S. TREASURY,
00:10:57EXPECTING THEM -- TELLING THE
00:11:03LEADERS, THE COUNTRIES AND THE ENTITIES EXACTLY WHAT WE EXPECT
00:11:06AND THE TIMELINES.
00:11:08I WOULD EXPECT THAT VERY QUICKLY
00:11:11, IF THEY DO NOT RESPOND, THEN YOU WILL SEE THE RAMIFICATIONS OF THEIR ACTIONS.
00:11:15>> CAN YOU SAY HOW FAR THE TIMELINES ARE?
00:11:18SEC. BESSENT: AGAIN, I WILL NOT
00:11:22SET TIMELINES. WE DO NOT HAVE INFINITE PATIENCE HERE.
00:11:26JENNIFER.
00:11:31>> THANK YOU SO MUCH FROM MR.
00:11:37SECRETARY. YAHOO! FINANCE. YOU SAID MOMENTS AGO NO ONE IS
00:11:41ABOVE U.S. SANCTIONS. WHAT SPECIFIC SECONDARY
00:11:45SANCTIONS OR PENALTIES IS TREASURY PREPARED TO LEVY AGAINST THE CHINESE BANKS AND
00:11:49SHIPPING FIRMS IF THEY DO NOT COMPLY?
00:11:52SECONDLY, AS YOU LOOK TO TAKE THESE UNPRECEDENTED SANCTIONS,
00:11:55YOU'VE ALSO SAID THAT AS OIL
00:12:00PRICES RECEIVED, THAT WILL HELP TO BRING DOWN LONG-TERM BOND YIELDS.
00:12:03IN THE MEANTIME, YOU HAVE MENTIONED YOUR TOOLKIT.
00:12:07I'M CURIOUS IF YOU ARE LOOKING AT REDUCING OPTION SIZES FOR
00:12:11LONGER-TERM DATA TREASURY DEBT GOING FORWARD, AND WHAT OTHER ACTIONS YOU MAY CONSIDER FROM THAT TOOL?
00:12:15SEC. BESSENT: WHY DON'T WE WORK
00:12:19BACKWARD. WE ISSUED THE QUARTERLY REFUNDING ANNOUNCEMENT TWO AND A HALF WEEKS AGO.
00:12:24WE ARE GOING TO CONTINUE WITH
00:12:26OUR REGULAR PROGRAM OF AUCTIONS. YOU WILL BE HEARING FROM US
00:12:31AGAIN AT THE BEGINNING OF NEXT QUARTER.
00:12:34AS I SAID, EVERY COUNTRY, EVERY
00:12:40ENTITY SHOULD KNOW THAT THEY SHOULD BE PREPARED TO FACE U.S.
00:12:44SANCTIONS. NO ONE IS ABOVE THIS.
00:12:50WE ARE GOING TO HOLD EVERYONE
00:12:52ACCOUNTABLE, AND THIS IS ECONOMIC ASPHYXIATION OF THIS
00:12:57REGIME.
00:13:00JENNIFER, AS I SAID, NO ONE SHOULD TEST OUR RESOLVE.
00:13:06JOSH FROM NEW YORK POST.
00:13:14>> YOU SAID YOU WERE NOT GOING
00:13:18TO NAME NAMES, BUT THERE HAS BEEN SOME REPORTS THAT THE
00:13:20UNITED ARAB EMIRATES IS AMONG
00:13:24SOME OF THE FIRST NATIONS TO
00:13:24TAKE SERIOUSLY THESE WORDS FROM
00:13:28THE UNITED STATES TO CUT OFF ALL BUSINESS INTERACTIONS WITH IRAN.
00:13:34IS THE UAE LEADING THE WAY IN THIS RESPECT?
00:13:36SEC. BESSENT: I WOULD THINK THE
00:13:41ACTIONS THEY TOOK LAST WEEK WERE NOT A COINCIDENCE, BUT LIKELY
00:13:46CAUSAL.
00:13:49I WOULD EXPECT TO RECEIVE A BROAD ARRAY OF COUNTRIES TAKING SIMILAR ACTIONS AS WE CONTINUE
00:13:53OUR ENGAGEMENT OF THE UAE, HAVE
00:13:57BEEN VERY GOOD PARTNERS.
00:13:59HAVE TAKEN THE BRUNT OF THE
00:14:01IRANIAN ATTACKS IN THE GULF.
00:14:07WHAT HAVE THESE COUNTRIES GOTTEN OVER THE YEARS FROM APPEASING
00:14:11IRAN? THEY WERE SUBJECT TO VIOLENT
00:14:16ATTACKS.
00:14:18WHILE WE WERE BOMBING IRAN, THEY WERE BOMBING THEM.
00:14:21IT SHOWS, WITH THIS REGIME,
00:14:27APPEASEMENT DOES NOT WORK. ON THE OTHER SIDE, WITH THIS REGIME, TRYING TO BUY
00:14:32APPEASEMENT WILL NO LONGER WORK IN THE EYES OF THE UNITED STATES OF AMERICA.
00:14:37AND I WANT TO EMPHASIZE, WE ARE
00:14:41SPREADING OUT ACROSS THE WORLD,
00:14:43AS WE SPEAK, YOU WILL SEE A WAVE OF SANCTIONS WHEN YOU LEAVE THIS
00:14:46MEETING TODAY, AND YOU SHOULD EXPECT THAT CADENCE TO CONTINUE.
00:14:53I WOULD EXPECT THAT YOU WILL SEE
00:14:54A MAJOR ANNOUNCEMENT OF A
00:14:58FINANCIAL INSTITUTION BEING SANCTIONED BY THE END OF THIS WEEK.
00:15:05SAMIRA FROM SKY.
00:15:13NO.
00:15:16I AM LOOKING FOR SAMIRA FROM
00:15:21SKY. NO.
00:15:24>> DOES THE UNITED STATES AND
00:15:29PRESIDENT TRUMP STILL WANT CANADA TO BECOME A STATE?
00:15:32HE SAID THEY ARE GETTING ALL THE BENEFITS OF BEING A STATE WITHOUT BEING ONE.
00:15:37SEC. BESSENT: I THINK SHE WOULD
00:15:39LIKE CANADA TO COME TO THE TABLE
00:15:43AND NEGOTIATE IN GOOD FAITH. THEY WERE OFFERED QUITE A GOOD DEAL LAST WEEK.
00:15:47THEY CHOSE TO REJECT IT.
00:15:52UNFORTUNATELY, PRIME MINISTER CARNEY ROSE TO POWER ON AN ANTI-AMERICAN, ANTI-TRUMP PLATFORM.
00:15:57I BELIEVE HE WAS MORE THAN 20 POINTS BEHIND.
00:16:00YOU SEE HIM GOING BACK TO HIS OLD PLAYBOOK. I THINK ONE HAS TO ASK ONESELF,
00:16:04IS HE TRYING TO BENEFIT HIMSELF, THE LIBERAL PARTY, OR THE
00:16:08CANADIAN PEOPLE? THEY WERE OFFERED A VERY GOOD JOB.
00:16:12SO. YOU.
00:16:16>> THANK YOU, SEC. BESSENT.
00:16:19IF I COULD SHIFT TO BOND YIELDS QUICKLY.
00:16:21WE SAW THEM TICK DOWN TODAY
00:16:26AFTER SOME TURBULENCE GOING UP LAST WEEK. ANY POSSIBILITY THAT THERE WILL BE MORE BOND BUYBACKS ANYTIME SOON?
00:16:30SEC. BESSENT: AGAIN, WE HAVE NOT
00:16:33BOUGHT A SINGLE BOND YET.
00:16:36THE NEXT TIME WE HAVE AN
00:16:39OPERATION IS SEPTEMBER 9, SO WE
00:16:42WILL SEE ON SEPTEMBER 9. ONE MORE.
00:16:48LET'S SEE. YOU IN THE FRONT.
00:16:53>> YOU DESCRIBED THIS AS AN
00:16:56ECONOMIC D-DAY, BUT D-DAY WAS A
00:17:00THREAT OF AN INVASION IN THE U.S. DID NOT GIVE A TIMELINE TO GERMANY. WHY NOT IMPOSE THE SANCTIONS
00:17:04TODAY?
00:17:05SEC. BESSENT: WE ARE GIVING
00:17:08EVERYONE THE OPPORTUNITY TO
00:17:11REMEDY BAD BEHAVIOR. WHY WOULD I WANT TO BLOW UP THE
00:17:14GLOBAL FINANCIAL SYSTEM?
00:17:17WE BELIEVE IT'S IMPORTANT TO
00:17:19LEVEL SET AND GIVE PEOPLE A CURE PERIOD. BUT THEY SHOULD KNOW THAT THAT
00:17:23WILL MOVE VERY QUICKLY, AND WE ARE SERIOUS.
00:17:28SECONDARY SANCTIONS ARE A VERY POWERFUL TOOL.
00:17:32WE HERE AT TREASURY, THIS IS THE
00:17:35ACTING UNDERSECRETARY FOR TERRORISM FINANCE.
00:17:38IN THE TERRORISM FINANCE
00:17:40DEPARTMENT, OFAC, THE REASON WE
00:17:44CAN YOU SECONDARY SANCTIONS IS BECAUSE WE DON'T TAKE THEIR YOU SLIGHTLY.
00:17:49WE BELIEVE A WARNING SHOT, LEVEL SET OF EXPECTATIONS IS APPROPRIATE.
00:17:54IF PEOPLE DO NOT WANT TO MEET OUR EXPECTATIONS, THEN THEY
00:17:57SHOULD EXPECT THAT THEY WILL
00:18:01LEAVE THE DOLLAR SYSTEM. THANK YOU ALL.
00:18:06[CAPTIONS COPYRIGHT NATIONAL CABLE SATELLITE CORP. 2026] [CAPTIONING PERFORMED BY THE NATIONAL CAPTIONING INSTITUTE, WHICH IS RESPONSIBLE FOR ITS
00:18:31>> REMARKS NOW FROM U.N.
00:18:35SECRETARY GENERAL ANTONIO
00:18:38GUTERRES SPEAKING ABOUT SUPPORT
00:18:41FOR NAVIGATION IN THE STRAIT OF HORMUZ.
00:18:43HE TALKS ABOUT HUMANITARIAN
00:18:46NEEDS AGAINST A BACKDROP OF
00:18:47REGIONAL CONFLICTS, FOOD SUPPLY,
00:18:51AND THE INCREASED COST.
00:18:55>> TODAY, CONFLICTS IN DIT