President Barack Obama on Sunday said Israel has not decided whether it will strike Iran, but added if tensions escalate this spring, no options would be taken off the table.

"I don't think Israel has made a decision," Obama said in the president's traditional pre-Super Bowl interview, this time with NBC's Matt Lauer.

But he stressed that the United States would work with Israel to resolve the situation using diplomacy.

"(Israel), like us, believe(s) that Iran has to stand down on its nuclear weapons program," he said.

The United States, he said in an additional portion of the interview which aired Monday, has "a pretty good bead on what's happening with the nuclear program."

"I think we have a very good estimate of when they could potentially achieve breakout capacity, what stage they're at in terms of processing uranium," the President said.

He acknowledged challenges in predicting Iranian moves, including internal divisions within the country.

His comments came after Defense Secretary Leon Panetta told reporters on Thursday there is a growing likelihood Israel could attack Iran in the spring.

Obama argued Iran is "feeling the pinch" after the international community has enforced sanctions in an "unprecedented" way to pressure the country away from developing its suspected nuclear weapons facilities.

"Until they do, I think Israel is going to be rightly very concerned. And we are, as well," Obama said.

Obama said the U.S. has closer "intelligence and military consultations" with Israel than ever. And while he insisted his administration is adamant for a peaceful resolution, the president didn't rule out military involvement.

"We're not going to take options off the table. And I've been very clear, we're going to do everything we can to prevent Iran from getting a nuclear weapon and creating a nuclear arms race in a volatile region," Obama said.

Turning to politics, the president re-visited his pre-Super Bowl interview from 2009, when he said if his economic ideas failed to turn around the struggling economy, his presidency would be "a one-term proposition."

The line has become a staple on the campaign trail for many Republican presidential candidates, who argue that the president's economy policies have indeed failed.

But on Sunday, the president said the economy has made progress since he took office and emphasized the need to stay on a track that "doesn't throw that progress off."

"I deserve a second term. But we are not done," Obama said, outlining the need to boost American manufacturing and energy. "And we have to return to old-fashioned, American values. Everybody getting a fair shot. Everybody doing their fair share. And everybody playing by the same rules."

As for his Super Bowl pick, the president-despite repeated questioning-would not take the bait and gave no predictions on which team will take home the trophy.

"I think this is going to be a tough game. Both teams have their weaknesses. They're not as strong as they were I think a couple years ago. When you look at the Patriots, their defense is a little shaky. The Giants have just come back," Obama said. "I can't tell you who's going to win this thing."