Iran May Control Hormuz 'Forever': Sherman
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Wendy Sherman, former US deputy secretary of state, weighs in on the hardening rhetoric between the US and Iran with a stark warning: "For the foreseeable future, if not forever, Iran will control the Strait of Hormuz." She says additional economic pressure from President Donald Trump is unlikely to make Iran's leadership cave. Sherman also discusses an upcoming summit between Trump and Chinese President Xi Jinping and Russia sanctions legislation passed by the Senate and awaiting House action. She speaks with Joe Mathieu and Kailey Leinz on the late edition of Bloomberg's "Balance of Power." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV
Tags: China, Donald Trump, Harvard University, Inflation, Iran, Israel, Joe Mathieu, Kailey Leinz, Middle East, Oil, Oman, Pakistan, Sanctions, Strait of Hormuz, US economy, Ukraine, Vladimir Putin, War, Wendy Sherman, Xi Jinping
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