US pressure on Iran starting to tell as sanctions and blockade bite
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DUBAI — A U.S. campaign to throttle Iran's economy by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult to withstand, three senior Iranian sources said. Washington has in recent weeks sought to ratchet up the economic pressure on Tehran, in an effort to extract concessions in any future negotiation that six months…
- Why it matters
- Iran's difficulty withstanding the blockade and sanctions may shift terms in any future negotiations between Tehran and Washington, though the excerpt does not detail what concessions are being sought.
- Most affected
- Iranian government and economy — Growing difficulty sustaining oil exports and evading international sanctions.
- Likely next
- Whether Iran signals willingness to negotiate or takes retaliatory economic or military action in response to the escalating pressure.
Also reported by: The New Arab