November 3, 2020politicalElection 2020Iran PolicyNuclear DiplomacyPolitical LeadershipPolicy Direction
Biden elected president as Iran awaits sanctions relief negotiations
American voters elect Joe Biden as the 46th President of the United States. Exit polls show Iran sanctions and nuclear diplomacy among key foreign policy issues. Biden campaign explicitly promised to rejoin the JCPOA and lift Trump's maximum pressure sanctions if Iran returns to compliance. Iran's government signals willingness to re-enter talks, as oil revenues have collapsed 90% under comprehensive sanctions. Global oil market anticipates sanctions relief could return 2+ million barrels of Iranian crude to export.