Former US Ambassador to NATO Kurt Volker reacts to the second round of strikes against Iran, saying the MOU with Tehran was "never" the end-all-be-all. Volker says he sees President Trump's goal as getting Iran back into compliance with open shipping through the Strait of Hormuz — and expects Trump is prepared to "let the rest sit for a while" and deal with the nuclear issue later. Volker also says allowing Ukraine to produce Patriot missiles under US license is "very, very significant," arguing Patriots are the only reliable system for intercepting Russian cruise and ballistic missile strikes on Ukrainian civilians and infrastructure. He speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)