Trump aims to hobble Iran with pressure
The American administration, led by Trump, is striving to exert intense economic pressure on Iran, considering that sanctions and maritime blockades have brought the country to the brink of bankruptcy, with multiple leverage tools available for future use. Despite imposing around 2,200 sanctions since 2018, including about 350 as part of the "Economic Rage" campaign, Iran has not backed down from its red lines regarding its nuclear program and the Strait of Hormuz. Options include targeting China and India, the largest consumers of Iranian oil, which could reduce Tehran's revenue, but this would also open a front with Beijing. With the deadline for negotiations ending in mid-August, Washington remains determined to escalate the pressure, even though past experiences show that sanctions have not decisively weakened the Iranian regime.
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