The End of the Iran Nuclear Deal

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Iran’s economy is set to plunge and the much strained JCPOA with it. But the Islamic Republic will likely remain defiant.

Iran’s announcement on May 8 that it will “partially” withdraw from the Joint Comprehensive Plan of Action (JCPOA) — aka the Iran nuclear deal concluded in 2015 between the Iranians and the P5+1 group — marks yet another step in the landmark accord’s slow death. The demise became inevitable a year ago when President Donald Trump pulled the US out of the agreement and re-imposed onerous sanctions on Iran and its economy.