A Look at the Implications of Trump’s Decision to End Sanctions Waivers for Countries Importing Iranian Oil

The Trump administration’s decision not to grant any more sanctions waivers to countries that import oil from Iran is part of a maximum pressure strategy intended to cut off a critical source of revenue and force Iran to the negotiating table. But it will likely result in an increase in oil prices, resistance from countries that continue to buy Iranian oil, and a backlash from Tehran, according to Atlantic Council analysts.