NewYork: Unexpectedly, Donald Trump has scored an unprecedented triumph in the recent elections in the United States, and as it was expected, the main focus was made on the American policies, including Iranian and Russia-Ukraine issues. Every media has showed that after Trump was elected the Iranian currency has reached its lowest rates in that country and their oil export is very low.
Looking at signs as Trump gets set to take over the presidency, it seems the Iranian people are in for worse days ahead. New lows were seen in terms of exported oil in October, mainly due to Israeli attacks and further weakened by the expectation of a new round of sanctions under Trump. Experts believe that the former president could bring even tighter measures to Iran reminiscent of his presidential term.
Of course, during his first presidency, many steps were taken, which can be considered as severe actions towards Iran: in particular, actions to leave JCPOA in 2018 and subsequent sanctions. Homayoun Falakhshahi, senior analyst of Kpler, an organisation that specialises in data intelligence in the commodities sector, provides that upon Trump’s withdrawal of his country from the JCPOA the export of Iranian oil was cut down to 350000 barrels a day, from 2.5mbd two years before; this saw oil revenue plummet.
While in the previous regime where Trump succeeded Barack Obama Iran’s oil export was on the downturn upon Biden Iran’s oil export started to have a boost and it climaxed in September of this year at 1.85 million barrels per day. However, the experts say that while it may not repeat the 2020 bottom under Trump 2.0, it may not likely get to triple its level either.
The representatives of Trump’s previous tenure associated with hard-line stances toward Iran in connexion with its nuclear activities and violations of human rights are expected to return to the government. As tension grow around the country and domestic opposition to Iran’s human rights records, women’s rights, gay rights, among others, intensifies Iran might find it hard to brave further pressure.
Since the assassination of the IRGC chief Qasem Soleimani in 2020, the hostility between Trump and Iran has stood higher after Iran threatened revenge. For years, tensions between the two nations have been strained: There have been two attempts at assassination of Trump in recent times. Additionally, the Justice Department has said that it has indicted people allegedly involved in an attempted assassination traced to Iran to kill Trump.
Also, the Trump campaign alleged that Iran has launched cyberattacks targeting this election. As Trump gets ready for his come-back, the world eagerly waits to know how he will manage the relations with Iran in the next few years.
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