How the U.S. Can Use Iran’s Economy to Pressure Its Government

At the moment, writes Yair Albeck, Washington is caught in a dilemma in its relations with the Islamic Republic:

Tehran is stringing out the nuclear negotiations endlessly with the expectation that President Joe Biden will not admit that the talks have failed. After such an admission, the public would likely pressure the administration to stop offering Iran stealth economic relief through the lax enforcement of sanctions. Rigorous enforcement would, the White House fears, remove Iranian oil from the market and contribute to the global energy crisis that Russia’s war against Ukraine sparked. Meanwhile, Iran is benefitting doubly—strategically and economically—from the war, selling missiles and drones to Russia and oil to China. Given this advantageous situation, Tehran wants negotiations to continue.

But, Albeck argues, there is a way out of this “conundrum,” thanks in part to the ongoing protests against the Iranian government:

The world is witnessing the convulsions of a regime facing its own mortality. The regime’s vulnerability offers the Biden administration an opportunity to gain leverage in the nuclear negotiations. There is a path forward that can squeeze Iran economically without disrupting the already tight oil market. To that end, the U.S. needs to target foreign entities outside Iran that enable the country to circumvent sanctions, rather than companies inside Iran.

To revitalize its deterrence, the United States should target the financial institutions that help Tehran and the individuals who work in them. Iran uses American allies such as the United Arab Emirates and Turkey. . . . In other words, Iran can easily exploit financial institutions in these countries to evade sanctions due to a lack of regulation and loose standards.

Disrupting Iranian activity in the financial centers will not disrupt the global oil market. While Iran’s revenues from sales will be frozen, Tehran will not take its oil off the market because it fears losing market share. And as it knows from experience, it will have access to its revenues at some future date when it finally reaches an agreement with the United States.

Read more at Hudson Institute

More about: Iran, Iran sanctions, Oil, U.S. Foreign policy

How Columbia Failed Its Jewish Students

While it is commendable that administrators of several universities finally called upon police to crack down on violent and disruptive anti-Israel protests, the actions they have taken may be insufficient. At Columbia, demonstrators reestablished their encampment on the main quad after it had been cleared by the police, and the university seems reluctant to use force again. The school also decided to hold classes remotely until the end of the semester. Such moves, whatever their merits, do nothing to fix the factors that allowed campuses to become hotbeds of pro-Hamas activism in the first place. The editors of National Review examine how things go to this point:

Since the 10/7 massacre, Columbia’s Jewish students have been forced to endure routine calls for their execution. It shouldn’t have taken the slaughter, rape, and brutalization of Israeli Jews to expose chants like “Globalize the intifada” and “Death to the Zionist state” as calls for violence, but the university refused to intervene on behalf of its besieged students. When an Israeli student was beaten with a stick outside Columbia’s library, it occasioned little soul-searching from faculty. Indeed, it served only as the impetus to establish an “Anti-Semitism Task Force,” which subsequently expressed “serious concerns” about the university’s commitment to enforcing its codes of conduct against anti-Semitic violators.

But little was done. Indeed, as late as last month the school served as host to speakers who praised the 10/7 attacks and even “hijacking airplanes” as “important tactics that the Palestinian resistance have engaged in.”

The school’s lackadaisical approach created a permission structure to menace and harass Jewish students, and that’s what happened. . . . Now is the time finally to do something about this kind of harassment and associated acts of trespass and disorder. Yale did the right thing when police cleared out an encampment [on Monday]. But Columbia remains a daily reminder of what happens when freaks and haters are allowed to impose their will on campus.

Read more at National Review

More about: Anti-Semitism, Columbia University, Israel on campus