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Parsi: New Iran sanctions may spell death of the JCPOA

Parsi: New Iran sanctions may spell death of the JCPOA

Today's announcement suggests Biden is doubling down on maximum pressure while the nuclear deal is all but withering on the vine. (Video)

Analysis | Middle East
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According to the state department on Wednesday, Washington is slapping new sanctions on Iran’s petroleum and petrochemical producers, along with Hong Kong and Emirati companies accused of selling the oil on East Asia markets in violation of existing embargoes. 

In a tweet, Secretary of State Antony Blinken said that “absent a commitment from Iran to return to the JCPOA, an outcome we continue to pursue, we will keep using our authorities to target Iran's exports of energy products.”
But is this really the best way to get back into a deal that Washington was the first to leave, and for which talks have been on thin ice and time is ticking away? Quincy Institute's Trita Parsi, author of “Losing an Enemy: Obama, Iran and the Triumph of Diplomacy,” weighs in.


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Analysis | Middle East
NATO
Top photo credit: Keir Starmer (Prime Minister, United Kingdom), Volodymyr Zelenskyy (President, Ukraine), Rutte, Donald Tusk (Prime Minister, Poland) and Friedrich Merz (Chancellor of Germany) in meeting with NATO Secretary, June 25, 2025. (NATO/Flickr)

Euro-elites melt down over NSS, missing — or ignoring — the point

Europe

The release of the latest U.S. National Security Strategy (NSS) has triggered a revealing meltdown within Europe’s political and think-tank class. From Berlin to Brussels to Warsaw, the refrain is consistent: a bewildered lament that America seems to be putting its own interests first, no longer willing to play its assigned role as Europe’s uncomplaining security guarantor.

Examine the responses. German Chancellor Friedrich Merz finds the U.S. strategy “unacceptable” and its portrayal of Europe “misplaced.” Polish Prime Minister Donald Tusk, for his part, found it necessary to remind the U.S. that the two allies "face the same enemies." Coming from a Polish leader, this is an unambiguous allusion to Russia, which creates clear tension with the new NSS's emphasis on deescalating relations with Moscow.

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Gaza war
Top image credit: Palestinians receive their financial aid as part of $480 million in aid allocated by Qatar, at a post office in Gaza City on May 13, 2019. Photo by Abed Rahim Khatib. Anas-Mohammed via shutterstock.com

Gaza's economy is collapsing. It needs liquidity now.

Middle East

As the world recently marked the International Day of Solidarity with the Palestinian People, and only days after the U.N. Security Council approved the U.S.-backed resolution outlining a new security and governance framework for Gaza, one central issue remains unresolved. Gaza’s economy is collapsing.

Political resolutions may redefine who administers territory or manages security, but they do not pay salaries, keep ATMs functioning, or control hyperinflation. Without Palestinian-led institutions independently allowed to manage money transparently and predictably, a Palestinian state risks becoming purely symbolic.

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Polymarket ISW
Top image credit: Jarretera and jackpress via shutterstock.com

Think tanker altered Ukraine war map before big Polymarket payout

Washington Politics

On November 15, as Russian forces were advancing on the outskirts of the town of Myrnohrad in eastern Ukraine, retail investors placed risky bets in real time on the battle using Polymarket, a gambling platform that allows users to bet on predictive markets surrounding world events. If Russia took the city by nightfall — an event that seemed exceedingly unlikely to most observers — a handful of retail investors stood to earn a profit of as much as 33,000% on the battle from the comfort of their homes.

When nightfall came, these longshot gamblers miraculously won big, though not because Russia took the town (as of writing, Ukraine is still fighting for Myrnohrad). Instead, it was because of an apparent intervention by a staffer at the Institute for the Study of War (ISW), a D.C.-based think tank that produces daily interactive maps of the conflict in Ukraine that Polymarket often relies on to determine the outcome of bets placed on the war.

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