The crisis casts doubt on whether Western officials can continue excusing the crown prince’s domestic authoritarianism.
The regime’s most vulnerable point is its precarious banking system, whose persistent mismanagement, capital shortfalls, and lack of transparency have already sparked public protests.
Pending policy decisions on reimposing sanctions will give Washington opportunities to calibrate its arsenal of measures against illicit Iranian financial activity.
Numerous individual aircraft and front companies were added to the Treasury sanctions list, but naming even more of them could boost U.S. efforts to pressure Iran and close the IRGC’s Syrian air bridge.
Can Washington turn its Arab partners' favorable rhetoric on the administration's new Iran policy into concrete actions to curb Tehran's regional adventurism? Join us for an expert conversation and live webcast on Tuesday, June 5.