The Commentary Magazine Podcast

Iran Impasse

22 snips
May 7, 2026
Jonathan Schanzer, FDD senior fellow and Middle East policy expert, explains Iran’s resistance to deals and the regional balance after recent strikes. He unpacks Gulf state hedging, limits on military escalation, munitions shortages, economic pressure tactics, Israel’s calibrated campaign, and suspicious insider activity on betting markets.
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INSIGHT

Munitions Shortage Shapes U.S. Strategy

  • U.S. constraints are now munitions availability and political limits on destroying Iranian economic assets like oil infrastructure.
  • Jonathan Schanzer says expensive precision weapons are limited and Trump resists destroying Iranian oil fields to preserve value for post-regime outcomes.
INSIGHT

Rules Based Order Is A Strategic Constraint

  • U.S. adherence to a rules-based international order limits escalation options against Iran even after heavy degradation of its forces.
  • Schanzer argues legal and reputational costs constrain attacks that might finish the regime, creating an impasse.
ADVICE

Use Economic Siege Before More Bombing

  • Prioritize an economic siege: choke Iranian oil exports and isolate banks to inflict pressure without expending scarce munitions.
  • Schanzer (ex-Treasury) recommends sanctions, banking cutoffs and preparing for well capping within weeks.
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