The wisest course of action is to reopen discussions with Tehran about Gulf security and an American-imposed sanctions regime, says La Trobe ...
in the Gulf of Oman at the entrance to the Strait of Hormuz and the Persian Gulf itself is highly provocative.
Iran’s wider purpose is to raise the costs to the west of maintaining security in the Persian Gulf in response to American-imposed sanctions that are strangling the Iranian economy. Tehran’s regime is playing a high-stakes game born of its worsening economy. American-imposed sanctions are doing real harm to livelihoods and well-being of Iranians.
At the same time, the value of the Iranian rial against the US dollar has collapsed by 60 per cent in the past year, adding to cost of imports and fueling inflation.An MH-60S helicopter hovers in the air with an oil tanker in the background as the USS John C. Stennis makes its way to the Gulf through the Strait of Hormuz, on Dec 21, 2018.
Trump’s decision to abandon the JCPOA and reimpose sanctions is what has brought the Gulf to the brink. If conflict results, this will be a heavy price for capricious American policymaking.
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