U.S.-Iran Tensions Rise Amid Trump's War of Words With Rouhani

The transcript discusses escalating tensions between Iran and the US over oil exports. Iranian President Hassan Rouhani warns the US against reimposing sanctions, threatening consequences if Iran's oil exports are blocked. President Trump responds with a stern warning on Twitter. The discussion includes the role of the EU and US in pressuring Iran, the strategic importance of the Strait of Hormuz, and the potential impact on the global oil market. The US aims for zero waivers on sanctions, affecting countries like Japan and India, and potentially removing over 500,000 barrels of oil from the market.

What was the nature of the exchange between Rouhani and Trump?

What are the potential consequences of the US sanctions on Iran's oil exports?