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change the cost to you for a gallon of gas. if you don t think you re going to see $5 a gallon by summer, the iranians may be telling you to think again. oil prices rose monday to a nine-month high after tehran announced it was cutting off oil exports to britain and france, threatening the same to six other european countries. oil is iran s lifeline. it makes up for 80% of all its exports with the top customers being china, which gets 22% of the crude, the eu, which takes 18%, then japan, 14%. india, 13%. and south korea, 10%. so if those are the customers, why do we care? most of our oil comes from canada, saudi arabia, mexico, venezuela, and nigeria. we care in america because oil is an internationally traded commodity and when the supply is interrupted anywhere, it causes shock waves everywhere and iran knows it. outfront tonight, iran expert ashman of the new america foundation, and former military intelligence officer, paula broadwell. she s also the author of the ....
good evening, everyone. i m tom foreman in for erin burnett. outfront tonight, iran s big power play. the new threats, the new fears, and how they could dramatically change the cost to you for a gallon of gas. if you don t think you re going to see $5 a gallon by summer, the iranians may be telling you to think again. oil prices rose monday to a nine-month high after tehran announced it was cutting off oil exports to britain and france, threatening the same to six other european countries. oil is iran s lifeline. it makes up for 80% of all its exports with the top customers being china, which gets 22% of the crude, the eu, which takes 18%, then japan, 14%. india, 13%. and south korea, 10%. so if those are the customers, why do we care? most of our oil comes from canada, saudi arabia, mexico, venezuela, and nigeria. we care in america because oil is an internationally traded commodity and when the supply is interrupted anywhere, it causes shock waves everywhere and iran ....
the new threats, the new fears, and how they could dramatically change the cost to you for a gallon of gas. if you don t think you re going to see $5 a gallon by summer, the iranians may be telling you to think again. oil prices rose monday to a nine-month high after tehran announced it was cutting off oil exports to britain and france, threatening the same to six other european countries. oil is iran s lifeline. it makes up for 80% of all its exports with the top customers being china, which gets 22% of the crude, the eu, which takes 18%, then japan, 14%. india, 13%. and south korea, 10%. so if those are the customers, why do we care? most of our oil comes from canada, saudi arabia, mexico, venezuela, and nigeria. we care in america because oil is an internationally traded commodity and when the supply is interrupted anywhere, it causes shock waves everywhere and iran knows it. outfront tonight, iran expert ashman of the new america foundation, and former military inte ....