Putting a New Squeeze on Iran

Pompeo lays out a strategy of severe economic pressure.

Hard on the heels of U.S. withdrawal from the Iran nuclear accord, Secretary of State Mike Pompeo on Monday laid out a new strategy to contain Iran’s nuclear ambitions and regional imperialism. The U.S. plans to impose severe financial and economic pressure while offering Iran better diplomatic and commercial relations if it changes its threatening course.

In 2015 Barack Obama and Secretary of State John Kerry made a $100 billion bet that their Joint Comprehensive Plan of Action (JCPOA) would end Iran’s nuclear program while...