Economic Fury and Claims of Victory
Why this matters: an international story with cross-border implications worth tracking.
Welcome to The Adversarial. Every other week, we’ll provide you with expert analysis on America’s greatest challengers: China, Russia, Iran, North Korea, and jihadists. Read more below.***Iran Three weeks since a ceasefire took effect, the United States and Iran have shifted from open hostilities to unsuccessful negotiations to economic brinksmanship. The Trump administration has been squeezing Tehran on two parallel fronts: A naval blockade physically subduing its maritime trade, complemented by increasing sanctions pressure against its oil and banking networks. The Iranian government was already in a weak financial position before the war, so additional sanctions as part of what the U.S. The post Economic Fury and Claims of Victory appeared first on War on the Rocks.