Strait Gives Iran Significant Leverage in Talks: Sherman

Former Deputy Secretary of State Wendy Sherman says Iran enters negotiations with “powerful leverage” due to its control of the Strait of Hormuz, even as its military capabilities have been degraded. She says both sides are incentivized to reach a deal but warns the outcome is unlikely to resemble the 2015 Iran nuclear deal she served as the lead US negotiator on. She speaks with Kailey Leinz the late edition of on Bloomberg’s “Balance of Power.” (Source: Bloomberg)