October 27, 2020

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

Featuring Peter Harrell

Source: Reuters

Journalists Timothy Gardner, Daphne Psaledakis

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.

Authors

  • Peter Harrell

    Adjunct Senior Fellow, Energy, Economics and Security Program

    Peter Harrell is an adjunct senior fellow at the Center for a New American Security. He is a leading expert on U.S. economic statecraft, including sanctions, export controls, ...