Middle East & Africa: Economic overview
Renewed political tension between Tehran and Washington has the potential to limit the flow of foreign investment to Iran.
The US administration’s rhetoric on imposing additional sanctions on Iran is heating up. In October, President Donald Trump decertified the nuclear deal Iran made with the permanent members of the UN Security Council and Germany (the P5+1) in 2015. The US Congress now has 60 days to decide whether to reimpose the sanctions on Tehran that were suspended under the deal. Trump has also warned that he will terminate the deal if his administration is not able to reach a solution working with Congress and the US allies.