United Against Nuclear Iran CEO Mark Wallace discusses President Donald Trump's latest warning to Iran, concerns over the regime's nuclear program and what intelligence suggests about Tehran's hidden nuclear facilities.

“I think that a variation of the same strikes is not necessarily preserving the deterrent effect that the U.S. administration may hope against the Islamic Republic. It is definitely degrading the Iranian regime’s ability to threaten the Strait of Hormuz, but whether it’s deterring the Iranian regime remains to be seen, and right now, I think the evidence points to [the conclusion] that the Iranian regime hasn’t been deterred. So that’s the way I think the United States is still going to have to escalate its response against the Iranian regime . . .”

Iran moved fast to take advantage of the window. After the U.S. and Iran signed a temporary agreement on June 17 that withdrew the blockade, tankers laden with oil in Iran’s eastern Chabahar port quickly sailed toward Asia. In the second half of June Iran exported about 50 million barrels of oil bound for eventual sale in China. That is roughly equal to a month of China-bound exports of Iranian oil before the war, according to United Against Nuclear Iran.