Iran is hurting. Economic and banking sanctions, plus an effective oil embargo led by the European Union, have brought chaos to Iran’s economy. The bottom fell out of its currency, the rial, a couple of weeks ago, provoking street protests. Iranians of all social classes are struggling to cope.
These challenges, along with other signals, hint at Iran’s willingness to engage in bilateral talks with the U.S. about its nuclear activities. Over the weekend, The New York Times first reported that the U.S. and Iran have agreed to face-to-face talks after the election.
The White House quickly issued a denial, and the Iranian government on Sunday also said no such talks were planned.
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