A satellite image of Kharg Island, a crucial Iranian oil hub. The deal grants Iran waivers to begin exporting its oil even before the negotiation of a final agreement on its nuclear program.
While the Iranians suffered substantial losses in the war, they emerged from a confrontation with the world’s most powerful military having proved they can use economic chaos as a weapon.
President Trump at a Group of 7 summit in France on Wednesday. The president has argued he has the upper hand with an agreement that leaves negotiations over Iran’s nuclear program for a later date.
It’s the third such deal the Interior Department has struck to pay firms to abandon plans for offshore turbines, spending roughly $2.5 billion to get companies to abandon their wind projects.
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