The American decision to reimpose sanctions may result in a new wave of tensions between the U.S. and EU as European companies have benefited significantly from growing trade with Iran.
As naval, air, and ground units from Bahrain, Egypt, Jordan, Kuwait, Saudi Arabia, and the UAE conduct war games in western Egypt this month, many speculate that this could represent the birth of the so-called “Arab NATO.”
On November 5, the Trump administration re-imposed the full scope of U.S. sanctions on Iran, nearly six months after it unilaterally withdrew from the 2015 nuclear accord, also known as the Joint Comprehensive Plan of Action (JCPOA). The stringent sanctions target Iran’s energy, shipping and banking sectors and make it difficult, if not impossible, for foreign companies to continue to do business with the Islamic Republic. The Treasury Department reinstated all sanctions removed under the JCPOA, and blacklisted 300 new entities and individuals, in what the Treasury called it the “largest ever single-day action targeting the Iranian regime.”
In a recent video circulating on Iraqi social media, a man appears to be showing off rows of militiamen in the background as they conduct combat drills. He begins by giving an overhead view of several fighters of the Imam Ali Brigade, an Iranian-supported militia group within Iraq’s Popular Mobilization Force (PMF), marching in formation as they receive training. Before concluding the clip, he declares “Ila al-Yaman Insha’llah” (to Yemen, God willing).
Although the Trump administration has said it will issue temporary waivers to some major importers of Iranian oil, further declines in Iran’s exports are likely after sanctions come into effect on Nov. 4.
MEI’s Alex Vatanka and Jean-Francois Seznec join host Paul Salem to discuss the impact of incoming U.S. sanctions on Iranian energy exports on Iran’s economy, the Gulf, and energy markets in general.
In this week’s Monday Briefing, MEI experts Alex Vatanka, Marvin G. Weinbaum, and Charles Lister provide analysis on recent and upcoming events including Iran’s decision to sell its oil in the private sector, the prime minister of Pakistan’s search for foreign aid, and the Syrian summit in Istanbul.
Earlier last week, Iranian-backed Houthi authorities arrested 24 Baha’is on charges of espionage and apostasy, which are punishable by death. Amongst those arrested are eight women, a teenage girl, and 15 men that hold leadership positions in the Baha’i community in Yemen. The charges – including accusations of being agents for Israel, the U.S., and the U.K –were formalized during their trial, which took place secretly and without a prior notice on September 15. Followers of the faith claim that they have been subjected to increasing harassment since the Houthis’ rise to power in 2014, and they attribute that to Iran’s influence over the rebel movement.
It was a busy week for Middle East policy as President Trump touched on a range of key issues at the United National General Assembly in New York, including Iran sanctions, the intra-GCC dispute, OPEC policy, Saudi domestic reforms, and the Middle East peace process, among others. Gerald Feierstein, MEI’s director for policy research, programs and government relations, and Ahmad Majidyar, director for MEI’s IranObserved program, join host Paul Salem to break down what was said, as well as what issues were left off the agenda.
Bearish and bullish factors are both at play in the global oil market, weighing on prices. The next big date on the calendar is November 4 — the point at which the 180-day wind-down period ends and U.S. sanctions on the Iranian energy sector are to be reinstated. Two days later, the U.S. midterm elections are due to take place.
In this week’s Monday Briefing, MEI experts Jonathan M. Winer, Robert S. Ford, and Alex Vatanka provide analysis on recent and upcoming events including political turmoil in Libya, the meeting between Turkey and Russia to discuss the fate of Idlib province, and Iran’s attempts to forge new relationships to offset U.S. sanctions.
A turbulent trial for Tripoli
In this week’s Monday Briefing, MEI experts Gonul Tol, Robert S. Ford, Bilal Y. Saab, and Mirette F. Mabrouk provide analysis on recent and upcoming events including Turkey-U.S. cooperation in Syria amid diplomatic tensions, talks between U.S. and Russian officials on Syria policy, the implications of a new Iranian fighter jet, and Egypt’s revitalized work in regional diplomacy.
Last week, major news outlets reported that China National Petroleum Corporation had acquired French oil and gas company Total’s share in the development of Iran’s South Pars gas field, citing an elusive article published by Iranian state news agency IRNA.
In this week’s Monday Briefing, MEI experts Gonul Tol, Robert S. Ford, Randa Slim, and Marvin G. Weinbaum provide analysis on Turkey’s currency crisis, talks in Ankara over the future of Idlib, Abadi’s chances of clinging to the premiership, and the Taliban’s capture of Ghazni.
This week, the Trump administration reimposed economic sanctions on Iran, targeting mainly financial transactions with and commercial airline sales to Iran. Tougher sanctions to stop the sale of Iranian gas and oil will go into effect in November. In a tweet, President Donald Trump issued a strong warning to those trading with Iran: “Anyone doing business with Iran will NOT be doing business with the United States.” Its NATO ally Turkey is defiant. In a Jul.