Analysis: Trump sanctions could give Biden a bargaining chip in deal talks with Iran

The Trump administration’s imposition of new sanctions on Iran may have been intended to forestall a new nuclear deal with Tehran if Joe Biden is elected president, but it could backfire instead by strengthening Biden’s hand at the bargaining table.

The U.S. Treasury Department on Monday slapped counterterrorism sanctions on key players in Iran’s oil sector for supporting the Quds Force, the elite paramilitary arm of the Islamic Revolutionary Guard Corps. The move, just before the Nov. 3 U.S. election, followed sanctions on 18 banks in Iran that Washington imposed earlier this month.

Read the full story and more from Reuters.