Richard Blumenthal: “Iran has a lot of cards and you're seeing them in real time.”

“Secretary of Defense Pete Hexis says that I'm paraphrasing here, that essentially the United States holds all the cards. Is that how you see it? Does Iran have no cards this morning? Iran has a lot of cards and you're seeing them in real time. Americans are paying much higher prices for gasoline, but not just for fuel, also for food, everything from mattresses to medical devices, everything dependent on petrochemicals and plastics and the world economy is at risk, all because Iran still holds cards.” (03:19–03:23)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.