In the long term solutions will be found, but in the short term they can gain an enormous bargaining chip. If food prices double because we've burnt the last drop from the Strategic Petroleum Reserve, the administration will give them just about anything they want to avoid utter political destruction.

The game theoretic definition of a threat is something that harms you, but harms them so much that they will avoid forcing you to trigger the threat. It's a different matrix from the Prisoner's Dilemma, but still leaves you guessing about the personality of your opponent. The personality of Iran seems reasonably consistent. The US, less so.