Sunday , November 24 2024
Home / Mike Norman Economics / Joshua Landis — Trump’s Iran Policy Is More about Rollback than Nukes

Joshua Landis — Trump’s Iran Policy Is More about Rollback than Nukes

Summary:
The renewed US offensive against Iran is not so much about its nuclear capability or even its missile program; it is about Iran rollback and hobbling its economy. Ever since President Obama signed the Iran agreement, howls of disapproval were heard from both Israel and a number of Gulf States, which were not dismayed so much at the sunset clause on Iran’s nuclear refinement as they were at Iran’s escape from economic sanctions. The real danger, in their eyes, is Iran’s economic break out and potential success. The more money Iran has, the more it can consolidate the success of its Shiite allies in the region: Hezbollah, the Syrian government and the Iraqi government. President Trump’s latest announcement follows increased U.S. sanctions on both Hezbollah and Syria, as well as increased

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Barkley Rosser writes So Much For The Iran Nuclear Deal

Barkley Rosser writes Iranian Demonstrations Spread to Oil Workers

Barkley Rosser writes Will The Iran Nuclear Deal Ever Get Reestablished?

Barkley Rosser writes Is Biden Going To Blow Reentering The Iran Nuclear Deal?

The renewed US offensive against Iran is not so much about its nuclear capability or even its missile program; it is about Iran rollback and hobbling its economy.
Ever since President Obama signed the Iran agreement, howls of disapproval were heard from both Israel and a number of Gulf States, which were not dismayed so much at the sunset clause on Iran’s nuclear refinement as they were at Iran’s escape from economic sanctions. The real danger, in their eyes, is Iran’s economic break out and potential success. The more money Iran has, the more it can consolidate the success of its Shiite allies in the region: Hezbollah, the Syrian government and the Iraqi government.
President Trump’s latest announcement follows increased U.S. sanctions on both Hezbollah and Syria, as well as increased aid to Syria’s Kurds in their effort to expand territorially. It is the latest in a policy of rollback that has been developing for some time.
It is a policy that both Saudi Arabia and Israel have been pushing on Trump. It is one that also suits his personality as well as the inclinations of his military advisers because it means supporting friends and hurting enemies. It represents the opposite of Obama’s effort at balancing Sunnis and Shiites along with Saudi Arabia and Iran, not to mention his effort to distance the U.S., ever so slightly, from Israel..
Although, the much ballyhooed “land bridge” from Iran to Lebanon through Iraq and Syria cannot be severed by the US army, a high price for building it can be exacted against Iran and its Shiite allies. They can be weakened economically, which is the point of scuttling the Iran deal. The West is also likely to boycott any reconstruction effort in Syria. The new anti-Iran policy will have a profound and far reaching impact on the region. It will ratchet up Sunni-Shiite hostility as well as beggar more countries....
Again, what could go wrong? Professor Landis explains.

LobeLog
Trump’s Iran Policy Is More about Rollback than Nukes

Joshua M. Landis | Associate Professor and Director of the Center for Middle East Studies at the University of Oklahoma
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *