A “blue mirage”: Biden’s presidency and the Iranian economy
What does a Biden presidency mean for the economy of Iran? The short answer is: not much. While the Iranian public considers his election good news for the country, these sentiments are fleeting and will soon fade. The reason is simple: Even if Joe Biden decides to reengage with Iran or reenter the 2015 nuclear deal on his first day in office, a Biden presidency will not change many crippling realities for the Iranian economy.