[U.S. Treasury Secretary Besent: The U.S. will eventually control the Strait of Hormuz] U.S. Treasury Secretary Besent: (Regarding Iran and oil issues) The U.S. will eventually control the Strait of Hormuz. The oil market supply shortage ranges from 10 million to 12 million barrels per day. An increasing number of vessels are passing through the Strait of Hormuz. Russian and Iranian crude oil, freed from sanctions, are at sea. Potentially recovering billions of dollars in fraudulent funds.