Trump pitches Iran blockade as boon to U.S. oil

President Trump is pairing his Iran blockade with a sales pitch: Countries squeezed by the Strait of Hormuz — especially China — should buy more oil from the U.S. instead.Why it matters: The U.S. rise to become the world's largest oil and gas producer — and largest exporter of liquefied natural gas — provides geopolitical leverage that Trump is attempting to wield.Driving the news: "China can send their ships to us. China can send their ships to Venezuela," Trump said on Fox's "Sunday Morning Fu...