Gulf Tanker Attacks Are an Act of Desperation, Atlantic Council's Shaffer Says

The transcript discusses the Iranian regime's strategy to present limited options to the US, either lifting sanctions or going to war. It highlights the potential threats to global oil supply due to Iranian actions, particularly in the Strait of Hormuz. The US policy response is considered, with a focus on the Trump administration's stance. European and Turkish compliance with US sanctions is examined, showing significant adherence despite governmental opposition. Finally, the transcript explores Iran's limited options and potential future actions, including the use of proxies.

What are the potential responses from the US if tensions escalate with Iran?

How do European companies and governments differ in their approach to sanctions against Iran?

What impact do the sanctions have on the Iranian economy as discussed in the text?