'DARK' OIL: Tracking hidden Hormuz routes

PORTION OF MIDTERMS. GRIFF: THAT'S RIGHT. LISA: IT'S NOT SLOWING ANYTIME. SOON IS IT, GRIFF. GRIFF: NO, AND YOU MENTIONEDED. THE TRUMP ADMINISTRATION. WORKING TO GET THE G20 FINANCE. LEADERS TO AGREE ON A DEAL TO. ADDRESS THE U.S. ECONOMY AND. GLOBAL IMBALANCES AND SANCTIONS. ON IRAN. CHARLIE: MARK JOINS US WITH THE. DETAILS. >> GOOD MORNING ONCE AGAIN, FRIENDS. THE TRUMP ADMINISTRATION SAYS. IT WILL DO WHATEVER IT TAKES IT. CUT OFF IRAN'S ACCESS TO THE. GLOBAL ECONOMY AND NOW THE. TREASURY DEPARTMENT SAYS IT'S.

GOING TO SHUT DOWN A BACK DOOR. WHICH ALLOWED IRAN TO ACCESS. THE U.S. FINANCIAL SYSTEM AND. THE LATEST WILL TARGET BRANCHES. OF A MAJOR EGYPTIAN BANK WHICH. OPERATES IN THE UNITED ARAB. ENRATS AND THEY PROPOSE CUTTING. OFF WITHIN THE NEXT 30 DAYS AND. SCOTT BESSENT SAYS, END THE. THREAT OF THE IRANIAN REGIME. AND IRAN'S ENABLERS CANNOT. ENJOY ACCESS TO THE U.S. DOLLAR.

AND THE GLOBAL FINANCIAL. SYSTEM. MEANTIME, G20 FINANCE MINISTERS. ARE IN ASHEVILLE, NORTH. CAROLINA THIS WEEKEND TO KICK. OFF A MEETING FOCUSED ON THE. GLOBAL ECONOMY. THE GATHERING RUNS TUESDAY, FINANCE MINISTERS, AND. GOVERNORS, AND ATTENDEES. AND SAID WE'RE GOING TO EXECUTE. THE PRESIDENT'S AGENDA FOR THE. G20 BY PRO GROWTH ECONOMIC. POLICIES MODERNIZING. REGULATION, AND STRESSING THE. GLOBAL IMBALANCES AND ENHANCING.

DEBT TRANSPARENCY AND DEBT. PROCESSES. YOU THINK OF THESE MEETINGS. YOU THINK OF LONDON AND ROME. IT'S NOTABLE IT'S HAPPENED IN. ASHEVILLE, NORTH CAROLINA, THAT. AREA IS RECOVERING FROM. HURRICANE HELENE WHICH STRUCK. NEARLY TWO YEARS AGO, CHARLIE. CHARLIE: MARK, THANK YOU SO. MUCH. SO THE UNITED STATES AND. PRESIDENT TRUMP SAYS THAT U.S. OIL IS POURING THROUGH THE. STRAIT OF HORMUZ, BUT TRACKERS. CAN'T FIND IT. WHERE ARE THE POSSIBLE DARK OIL.

ROUTES THROUGH THE STRAIT OF. HORMUZ. AT THE BEGINNING OF THIS. BLOCKADE, IRANIAN OFFICIALS. SAID THAT NOT A SINGLE DROP OF. U.S. OIL WILL MAKE IT THROUGH. THE STRAIT OF HORMUZ. WE KNOW FACTUALLY THAT'S NOT. THE WAY THIS HAS TURNED OUT. BY THE TRUMP ADMINISTRATION'S. ESTIMATES SOME EIGHT TO NINE. MILLION BARRELS OF OILS HAVE. BEEN GETTING THROUGH, AND. TRACKERS CAN ONLY LOCATE.

BETWEEN TWO AND SIX MILLION. BARRELS PER DAY. WHAT IS THE DISCREPANCY AND WHO. IS TELLING THE TRUTH? IT APPEARS A LOT OF THE. DISCREPANCY IS BECAUSE A LOT OF. THE CARGO SHIPS WHICH CARRY. ABOUT TWO MILLION BARRELS OF. OIL IF IT'S FULLY LOADED AND WE. DON'T KNOW WHETHER THE SHIPS. ARE ALWAYS FULLY LOADED OR NOT, WILL PASS THROUGH THE STRAIT OF. HORMUZ HERE UNDER DARKNESS WITH. THEIR TRANCE RESPONDERS TURNED. OFF SO THAT PEOPLE CAN'T TRACK. THEM FOR OBVIOUS REASONS.

AND OF COURSE, THE MILITARY HAS. LOTS OF ABILITIES TO USE, AS. PRESIDENT TRUMP SAYS, SATELLITES IN OUTER SPACE TO. TRACK THEM AND TO ESCORT A LOT. OF THESE SHIPS THROUGH. THE REAL QUESTION, WHAT HAS. BEEN HAPPENING TO THE OIL THAT. GETS THROUGH AND CAN WE FIND. THESE HIDDEN BARRELS? THE FACT THAT CRUDE OIL WAS. ABOUT $125 A BARREL AT THE. BEGINNING OF THE BLOCKADE.

IT'S NOW DOWN AROUND OR LOWER. THAN $90 A BARREL FOR CRUDE. OIL. THAT WOULD SUGGEST THAT A LOT. OF THIS OIL REALLY IS GETTING. THROUGH AND THAT'S WHY YOU. KNOW, WE'RE ALL COMPLAINING. BECAUSE WE'RE PAYING $.