Trump Plays Down Prospects for Iran Talks Amid Red Sea Threat

US President Donald Trump minimized the prospect of immediate talks with Iran as the two sides exchanged strikes and Houthi militants in Yemen threatened shipping in the Red Sea. Trump vowed on Tuesday to respond if the Iran-backed group disrupted that waterway, but didn't specify how. His comments came after the 10th day of US and Iranian attacks and as mediators continued efforts to restart negotiations. Oil prices ticked higher amid the threats to key routes for global energy supplies.  Dana Stroul, former deputy assistant secretary of defense for the Middle East in the Biden administration, said Trump's threat to attack a suspected Iranian nuclear site would be a "massive military action" requiring US assets currently not in place. She speaks with Bloomberg's Joe Mathieu and Kailey Leinz on Balance of Power.