, Columnist
A Financial War Can’t Stop Iran. Here’s What Can.
Without forceful political and military initiatives that reverse recent Iranian gains, Tehran will have no reason to resume negotiations.
What now?
Photographer: Majid/Getty ImagesThis article is for subscribers only.
Having pulled out of the nuclear deal with Iran, the Trump administration is looking for additional ways of restraining its adversary’s regional ambitions. In a visit this week to the United Arab Emirates and then at the NATO meeting in Brussels, Secretary of State Mike Pompeo reportedly focused on working with allies to turn up the heat on Tehran.
The heart of the strategy involves an all-out financial war against Iran. This seeks to reduce Iran’s oil revenues to zero and exclude Iranian individuals, companies and other entities from international commerce.
