This is a very bad deal for the U.S. and the world. As usual, Netanyahu sums it up well.
Prime Minister Benjamin Netanyahu said it was a “historic mistake” that would provide Iran with “hundreds of billions of dollars with which it can fuel its terror machine and its expansion and aggression throughout the Middle East and across the globe”.
Here’s some more good analysis from the BBC correspondent:
The easing of restrictions on financial transactions which are part of the international embargo will give Iran extra economic muscle.
That will mean more funds – and more guns – for the proxy armies it funds around the Middle East, like the Shia militias of Iraq, and Hezbollah, the Lebanese military force which is helping to prop up Iran’s ally Bashar al-Assad in Syria.
That is likely to reinforce Iran’s view of itself as the champion and defender of Shia communities wherever they are found and to push the Sunni kingdoms of the Gulf – led by the Saudis – into responding in kind.
The conflicts raging around the Middle East in places like Iraq and Syria can be viewed as part of a growing confrontation between followers of the two main traditions in the Islamic world – Sunni and Shia.
Giving Iran access to more money and more weapons may well serve to intensify that confrontation.
Next step… a nuclear Saudi Arabia.