Tehran’s broad strategy regarding the U.S. is to seek to push new President Joe Biden back into a non-renegotiated nuclear deal, which favours Iran, whilst at the same time allowing Iran is own backdoor to continue to export its own crude oil and other related products. The past week has seen significant developments on both sides of this equation, with Iran dramatically sharpening its nuclear threat but also putting into place one of the last key pieces that will allow it to export crude directly to its principal oil markets in Asia. In terms of its nuclear threat, Iran has been waiting since former president Donald Trump unilaterally pulled the U.S. out of the Joint Comprehensive Plan of Action (JCPOA) for a new – and potentially softer – Democrat to take his place, just as they were advised to by John Kerry , Barack Obama’s former Secretary of State, […]