Trying to Kill the Iran Deal Could End Up Saving It
The Trump administration has made a priority of punishing and pressuring Iran. But the same administration that withdrew from the nuclear deal that President Donald Trump dubbed “a great embarrassment” may actually end up preserving it.
Iran and all the other signatories are still observing the deal’s terms for now. The U.S. reimposed sanctions on the Islamic Republic last fall, driving down its oil exports and further stressing its weak economy. But even as the administration pursues what it calls a “maximum pressure” campaign against the country, it has also made exceptions through sanctions waivers that have helped keep Iranian oil flowing and even preserved some international nuclear cooperation with the country.
Now, ahead of a key deadline in May, the administration is sending conflicting signals about just how far it plans to go to confront the regime. At issue, in part, is the stated intent to choke off Iran’s oil exports entirely and throttle its oil-dependent economy. Following through could mean fights with allies that import Iranian oil, or even a higher risk that Iran ditches the deal altogether and starts.
You’re reading a preview, subscribe to read more.
Start your free 30 days