Failed Nuclear Deal Negotiations Push Iran Closer to Economic Collapse

Failed Nuclear Deal Negotiations Push Iran Closer to Economic Collapse

OilPrice.com

Published

Public outrage is mounting in Iran as the country's struggling economy worsens under crippling U.S. sanctions. The national currency plunged to a record low on February 11 soon after U.S. President Donald Trump ordered the restart of a "maximum pressure" campaign on the Islamic republic. In response, Supreme Leader Ayatollah Ali Khamenei appeared to dismiss the prospect of negotiations with the United States over Iran's disputed nuclear program. A nuclear deal is seen as key to Washington lifting economic sanctions on Iran, which has witnessed…

Full Article