The flurry of business deals Iran has struck with European companies since sanctions on its economy were lifted as part of the Iran nuclear deal have helped the Islamic Republic’s state-backed conglomerates rather than its private sector economy, according to a New York Times article published Friday.
The Obama administration confirmed late Sunday that it had delayed the imposition of new ballistic missile sanctions on Iran in order to ensure that the Islamic Republic released five imprisoned Americans under a secret agreement reached on the sidelines of the nuclear negotiations, according to senior administration officials.
Let’s dispatch with the silliest argument I encountered this week about the treatment of American sailors by Iran’s Army of the Guardians of the Islamic Revolution, known widely as the IRGC: that, had the situation been reversed, we would have done basically the same thing to them. This is simply false. We are not at war with Iran. A naval vessel retains its sovereign immunity even if it is suffering from engine trouble or has inadvertently crossed into another nation’s territorial waters, both of which appear to have happened this week.
JERUSALEM—The lifting this weekend of economic sanctions that have been imposed on Iran since 2007 will see an estimated $100 billion in frozen funds begin to flow into Tehran’s coffers. Israel will be closely following the money to determine its impact on Iran’s military posture and on its assistance to militant entities on Israel’s borders such as Hamas in Gaza and Hezbollah in Lebanon.