US Withdrawal From the JCPOA and Anti-Iranian Sanctions: Pros and Cons

... and operating within the USD financial system. The choice for major companies is obvious. Moreover, it is still early days for INSTEX, an alternative settlement system with Iran created by the EU, so it is unlikely to change anything for Iran in the near ... .... Alexey Khlebnikov: Iran’s Oil Sector under Renewed Sanctions: Adopting to the New Reality First, the withdrawal from the JCPOA undermined trust in US diplomacy. In particular, the Iranian case is extremely important for Moscow, showing that it would ...