Iran uses chaos currency again

The cost levied on other West Asian countries and the global economy became too high for the war to continue

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First, a quick recap of what the US-Iran MoU means. Iran’s regime is intact — and its nuclear programme is where it was in June last year — and has wrested major economic (a possible future charge on ships passing through Hormuz Strait; a $300 billion reconstruction fund from other West Asian countries; defreezing of its foreign accounts) and geopolitical (Israel will have to hold its hand against Iran’s proxies in the region) concessions.