Sanctions on Iran need patience, warns expert, or risk prolonged conflict affecting global markets and oil prices
‘You can’t sort of bomb your way to peace in the Middle East’ concerns the U.S. strategy on Iran.
Kyle Rodda, Senior Market Analyst from Capital.com argues that sanctions will require patience and cooperation to be effective.
He explains that sanctions aim to cut Iran off from global finance and trade to pressure its economy.
The potential consequence is a prolonged conflict with economic costs impacting oil prices and global markets.
Rodda suggests that the U.S. may need to shift to a war of attrition strategy.
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