Don't See Evidence That US is on 'Back Heels' Against Iran, Says Megan Ortagus

Summary

Morgan Ortagus discusses US-Iran negotiations, arguing that the US is in a strong position due to maximum economic pressure and an effective naval blockade. She downplays the risk of a Strait of Hormuz closure, noting that oil continues to flow at 8 million barrels per day and prices remain in the low $80s, lower than during the Biden midterms. She asserts that Iran's leadership is most fearful of internal unrest from economic pain.

• Morgan Ortagus believes US is not on 'back heels' against Iran; strategic patience favors the US.
• US naval blockade and maximum economic pressure are effective; no shipments entering Iranian ports.
• Despite Iranian threats, Strait of Hormuz remains open with 8 million b/d of oil transiting.
• Oil prices in the low $80s are lower than during the 2022 Biden midterms.
• Economic pain in Iran could fuel internal protests, a key fear of the regime.
• All military options remain on the table, but the administration sees advantage in sustained pressure.