As we forecast, the international community has lifted sanctions against Iran after the latter met all of its obligations outlined in the July 2015 nuclear deal. Our model states that Washington, in pursuit of its strategy to re-establish a balance of power in the Middle East, would reach an agreement with Tehran, which wants to return to the international fold. Today marks the culmination of both sides’ strategic decisions to reach a détente.
The International Atomic Energy Agency verified Jan. 16 that Iran had fulfilled all the steps outlined in the Joint Comprehensive Plan of Action agreed upon six months ago to end to the Iranian nuclear controversy. As a result, the United States and the European Union have announced the lifting of sanctions against Tehran, which will allow the clerical regime access to approximately $100 billion in frozen assets and pave the way for new energy and other investment opportunities. The announcement comes within hours of a p
Post-Sanctions Iran and the Middle East
Jan 16, 2015 As oil supermajors begin talks with Tehran, its tensions with Riyadh will grow.