Trump Backs Hegseth After Report of Dispute Over Stockpiles

• Iran and Oman are discussing an agreement on the Strait of Hormuz, a critical waterway for global oil and gas transit.
• Richard Haass suggests a multilateral approach for the Strait of Hormuz, involving regional and international powers, rather than bilateral deals with the US.
• The US is facing significant munitions shortages, which Haass attributes to an inefficient 'military-industrial-legislative complex' and a lack of innovation.
• These shortages have severe consequences for Ukraine's defense against Russian missile strikes and its ability to achieve a diplomatic resolution.

The discussion covers two main geopolitical issues: a potential agreement between Iran and Oman regarding the Strait of Hormuz, and the US's current munitions shortages impacting its ability to support allies like Ukraine. Richard Haass recommends a multilateral approach for Hormuz and criticizes the US defense industrial base for its inefficiency and lack of innovation.