Trump is gaining surprising leverage over Iran
Why This Matters
Key context: <p>The massive decline in oil prices over the past few weeks has gifted the Trump administration with some unexpected leverage in its ongoing negotiations with Iran. Despite an obliterated navy and air force, Iran wielded significant economic power in the spring. It effectively closed off the Strait of Hormuz to oil tanker traffic by threatening …</p> <p>The post <a href="https://www.egyptindependent.com/trump-is-gaining-surprising-leverage-over-iran/">Trump is gaining surprising leverage over Iran</a> appeared first on <a href="https://www.egyptindependent.com">Egypt Independent</a>.</p> This development from egyptindependent.com highlights ongoing changes in the sector.
The massive decline in oil prices over the past few weeks has gifted the Trump administration with some unexpected leverage in its ongoing negotiations with Iran. Despite an obliterated navy and air force, Iran wielded significant economic power in the spring. It effectively closed off the Strait of Hormuz to oil tanker traffic by threatening … The post Trump is gaining surprising leverage over Iran appeared first on Egypt Independent.
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