Robin Brooks(@robin_j_brooks):The narrative that Iran has the upper hand is wrong. The Rial makes new lows almost every day as the blockade chokes off the economy and Iran's control over the SoH is slipping away. Iran's only leverage is to spike oil prices and that isn't working... https://t.co/sqEjdJEjDx

Robin Brooks

@robin_j_brooks

Senior Fellow @BrookingsInst, previously Chief Economist @IIF and Chief FX Strategist @GoldmanSachs. Opinions are my own. Email: RBrooks@brookings.edu.

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Robin Brooks@robin_j_brooks

2026.08.31 13:21

The narrative that Iran has the upper hand is wrong. The Rial makes new lows almost every day as the blockade chokes off the economy and Iran's control over the SoH is slipping away. Iran's only leverage is to spike oil prices and that isn't working...