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Home » Seyed M. Marandi: Iran Threatens to Kill Netanyahu & Will Increase Pressure on the U.S. (Transcript)

Seyed M. Marandi: Iran Threatens to Kill Netanyahu & Will Increase Pressure on the U.S. (Transcript)

EDITOR’S NOTE: In this interview (August 30, 2026), Professor Glenn Diesen speaks with Seyed Mohammad Marandi, a professor at Tehran University and former advisor to Iran’s nuclear negotiation team. Marandi addresses Tehran’s warning that it could send Israeli Prime Minister Benjamin Netanyahu “to hell,” along with Iran’s plans to increase pressure on the United States in response to economic warfare and escalating regional tensions. The discussion covers the Strait of Hormuz, military capabilities, and the broader standoff involving Gaza, Lebanon, and Yemen. Read the full transcript of this interview below:

Introduction

GLENN DIESEN (00:00:00 – 00:01:14): Welcome back, everyone. Seyed Mohammad Marandi joins us today, a professor at Tehran University and also a former advisor to Iran’s nuclear negotiation team. Thank you for coming back on the program. I wanted to ask you today about the Trump administration. It seems to be very optimistic about this economic D-Day to incrementally squeeze the Iranian economy. And at the same time, we get all these messages now from the US Central Command arguing or claiming that they opened a passage for commercial ships on the Omani side of the Strait of Hormuz. And well, either the Iranians aren’t doing much because they can’t or because they decided not to, that they left that in the air. But the argument is that the leverage is now growing for the United States. And well, I guess yeah. Let me pack two questions in there. How accurate is this? But also, how may Iran respond to the U.S. if its economic pressures well, an economic war on Iran begins to take a real bite?

Iran’s Oil Exports and the Strait of Hormuz

SEYED M. MARANDI (00:01:18 – 00:06:39): It’s not really accurate what the Americans are saying. Iran does allow significant amount of oil to get through the strait, because there are countries that Iran is close to and it does not want to harm them. The Iraqis, they did not harm Iran during the war. In fact, the resistance in Iraq played a very important role in dealing with the aggression from Kuwait, from northern Iraq, the Kurdish areas where the U.S. and the Israelis have huge influence, and also in central Iraq.

So it’s not really something that the Iranians would want to do to block Iraqi oil exports. Or China, which is cooperating with Iran, has a very close relationship. They too take oil from the Persian Gulf region. And then there’s the unwritten agreements that exist between Iran and some of the countries in the Persian Gulf, such as the Emirates itself, where the Iranians and the Emiratis have very poor relationship. Obviously, the Emiratis helped the Americans in their assault on Iran, and the US continues to have a strong military presence there. But there are commercial aspects in the Iranian-Emirati relationship that are important for both countries.

So Iranians allow these small ships to take oil from tankers in the Persian Gulf. They load them all to these ships and then they go outside the Persian Gulf and transfer them to supertankers outside of the Persian Gulf, which is an expensive process and it is slow. You need many of these ships to fill up a tanker and it’s not really possible to do it for other goods. In other words, oil gets out this way. And by the way, Iranian oil is also being exported from the Strait of Hormuz. That is something that the Iranians want to do.

So you have these small ships, you have the Iraqis, you have the Iranians, you have the Chinese. That is going to be a substantial amount. But then amount of oil that in general flows from the Strait of Hormuz is substantially less than before the war, probably less than half of what it was. And now with what’s going on between Yemen and Saudi Arabia, the flow of oil from the Red Sea is not as high as it was, nearly as high as it was a couple of months ago. So perhaps about half.

So there is oil going to the market, including Iranian oil, but the shortages are growing. There’s no doubt about that. And in addition to that, the other shortages are accumulating even faster. Sulfur, the petrochemical products, the helium, the aluminum, the fertilizers. All the other goods that are produced, including fuel, because the refineries can’t export either. So diesel, part of the reason why there’s a shortage of diesel is not just because oil is, or diesel is so expensive, is partially because oil is more expensive, but also because diesel can’t be exported either.

So Iran is piling on the pressure, but Iran doesn’t want to create an imminent crisis for the entire globe, including its friends. So the pressure though is building on Trump and the United States. And you can see it from the bond market. You can see it with the yen. And it’s not just Russia. It’s not just the Chinese who don’t want US bonds. And the Japanese who need to sell their US bonds.

The countries in the Persian Gulf, they no longer have that excess wealth that they constantly send to the United States to purchase bonds, stocks, assets, to participate in the AI industry. And that money doesn’t exist anymore. And actually it’s vice versa. It’s the other way around. These countries are going to have to start selling their bonds and assets in the United States if the United States allows them in order to sustain themselves because they are very dependent on oil and gas. So they just cannot continue to exist without high expenditure rates.

Iran’s War Economy and Military Preparations

GLENN DIESEN (00:06:41 – 00:07:43): Yeah, well, I heard that’s one of the reasons Bessent was pushing this asset swaps with some of the Gulf states so their economic problems wouldn’t be offset by selling the US bonds and then, you know, start a cycle of unraveling everything.