Jonathan Panikoff, Senior Director of the Scowcroft Middle East Security Initiative at the Atlantic Council's Middle East Program, reacts to US strikes against Iran after attacks on commercial vessels in the Strait of Hormuz. He says the US and Iran are "certainly closer" to war, though neither side likely wants a return to full-scale conflict, and warns each escalation makes it harder to restore the cease-fire. He speaks with Kailey Leinz and Joe Mathieu on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)