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Regional Risks of Rising U.S.-Iran Rivalry
The U.S. is pursuing a “maximum pressure” campaign against Iran that includes the re-imposition of key energy and banking sanctions.
- Naysan Rafati
- ICG
With Tehran refusing to capitulate over its nuclear program or regional policies, the U.S.-Iran rivalry could escalate across the region.
The re-imposition of U.S. sanctions against Iran’s banking and energy sectors on 5 November is a key element of Washington’s “maximum pressure” campaign against Tehran. President Donald Trump’s decision to pull out of the 2015 Joint Comprehensive Plan of Action (JCPOA) in May presaged a…