Jonathan Schanzer

I think you also have some skittish Gulf countries that were partners with us and are now maybe questioning that.

You maybe saw the other day that the Saudis and the Kuwaitis.

for at least a brief time, had refused to allow the United States to operate from their bases and from their airspace.

And so, you know, I think what you've got right now is the president is trying to calm the nerves of a lot of different players domestically and abroad.

And he's also hearing that he doesn't need to get into another, you know, kinetic conflict, that he'd like to try to keep a lid on things blowing up too far, too fast.

So all of these things, I think, have him downplaying the crisis, right?

I mean, he called these attacks on three naval ships yesterday as love taps, which is...

Well, that's that's some serious word choice right there.

It's kind of silly to know that it's a lot more serious than that.

But really, the goal here is for him to try to let cooler heads prevail.

He continues to dangle this deal that he's offered the Iranians.

They continue to reject it.

But I got to tell you, I think the time is on the side of the United States.

If we play out this economic fury campaign, I think eventually the regime finds itself in worse and worse position.

We're going to pretty much just stay the course here.

I mean, yes, we could see some fluctuations in oil.

We could see some fluctuations in natural gas.

We should see, I think, fluctuations in the stock market.

But nothing that I think should be described as a massive shock to us.

I think the shock will be on the side of the Iranians.