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Bansi Sharma @bansisharma
, 3 tweets, 1 min read Read on Twitter
1. Iran Squeeze Begins
Trump is moving ahead with his Iranian version of "maximum pressure." These sanctions represent the first substantive move by the Trump administration after its May 8 withdrawal from the Iran nuclear deal.
2. Large European companies have been leaving Iran already, and the value of the Iranian rial has been falling. These penalties will lay the groundwork for heavier sanctions, such as oil sanctions, which will return in early November.
3/x. Behnam Ben Taleblu, an Iran expert at the Foundation for Defense of Democracies says: "Reimposing these sanctions is the first step towards tightening the noose on Tehran, putting the regime to a choice between continuing its malign activities or improving its economy."
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