Julian Lee, Columnist

President Biden Won’t Unlock a Wave of Iranian Crude

The path to removing sanctions on Iran’s oil is a long one with many pitfalls.

Nowhere to go. 

Photographer: JORGE GUERRERO/AFP
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When Joe Biden becomes the 46th president of the United States this week, he will have a very full in-tray of pressing issues to deal with. Iran probably won’t be high up that pile.

The president-elect has made no secret of his intent to return the U.S. to international initiatives such as the Paris Climate Agreement and the Joint Comprehensive Plan of Action, or the Iran nuclear deal, as it’s more commonly known. Biden will rejoin the first on day one of his presidency, according to his website. But rapprochement with Iran, which would involve lifting sanctions on Iranian oil exports, is lower on his list of priorities and will take more time.