I have to admit that his optimism isn't entirely insane. Predictions about the effects of the closure were much more catastrophic than we are currently seeing. That could change!
Everyone said it was going to be $300, $400 a barrel, it’s 98 dollars a barrel but that’s not a big price to pay if you look at the possibility of them having a nuclear weapon,” he said.
...
He even said it’s possible the US naval blockade around the waterway will remain in place through Labor Day — Monday, Sept. 7 — meaning a full summer of elevated fuel prices and likely harm to Republicans in the Nov. 3 midterm elections.
“I don’t know. I mean, I think it could be [closed through Labor Day], but I think it’s unlikely. I think that we’ll have it. I think this will resolve itself fairly quickly,” he said.

