Iran Power Struggle Emerges as New Variable in US Peace Talks
JH Kim
Summary
- Iranian President Masoud Pezeshkian is seeking the release of frozen overseas assets for economic recovery.
- The Islamic Revolutionary Guard Corps, or IRGC, is demanding control over the Strait of Hormuz.
- The disagreement is increasing uncertainty over both delays to the negotiation timetable and navigation through the Strait of Hormuz, a key route for global oil shipments.
Forecast Trend Report by Period
Internal power struggles in Iran are emerging as a new variable in peace talks with the US.
Walter Bloomberg reported on July 30 that Iranian President Masoud Pezeshkian is seeking the release of frozen overseas assets to support an economic recovery. The Islamic Revolutionary Guard Corps, or IRGC, meanwhile is demanding control over the Strait of Hormuz.
The disagreement could delay the negotiation timetable. It is also heightening uncertainty over future navigation through the Strait of Hormuz, a key route for global crude shipments.
JH Kim
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