Is War The Only Option For Iran To Break The U.S. Sanctions Spiral?

Iranian protesters block a road during a demonstration against an increase in gasoline prices in the central city of Shiraz on on 16 November (AFP)

Shahir Shahidsaless, Middle East Eye: Iran petrol protests: Why war could be the only way out of US sanctions spiral

The dollar's dominance of world trade has made sanctions against Iran all the more lethal, leading to economic pain and a huge budget deficit

An abrupt decision by the Iranian authorities to hike petrol prices as part of efforts to confront the effects of crippling US sanctions sparked demonstrations in cities and towns across the country. According to Fars News Agency, which is affiliated with the Islamic Revolutionary Guards Corps (IRGC), “the degree of destructions was more extensive than during the 2017-2018 protests.”

At least 12 people have been killed - so far - and, according to Fars News Agency, 100 banks have been set on fire and more than 1000 protestors arrested. In the last three days, the country’s internet shutdown has disconnected Iran from the rest of the world.

The crackdown has been harsh. The country’s economic downturn threatens not just the administration but the establishment as a whole. Now, the question becomes: which direction will Iran take?

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WNU Editor: Iran's government is facing a massive shortfall in its budget (a loss of almost a half due to collapsing oil revenues) due to U.S. sanctions. In response, they have raised taxes and eliminated subsidies without appreciating the response that they would face from the public. They do now, and I also do not think they have any idea on where to go from here. Hence the war speculation being circulated by pundits who closely observe Iran.

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