Macron’s Bad Bargain With Iran Tehran shows what it thinks of France’s latest bribe to stay in the nuclear deal
https://www.wsj.com/articles/macrons-bad-bargain-with-iran-11567973948
Iran on Saturday took another giant step toward gaining nuclear weapons by admitting it is now using arrays of advanced centrifuges to enrich uranium. This is its latest violation of the 2015 nuclear deal and puts more pressure on Europe to decide whether it wants to keep subsidizing this nuclear breakout.
First the European signatories tried to evade U.S. sanctions by creating a new trade and finance system. That failed, so now French President Emmanuel Macron has proposed giving Tehran a roughly $15 billion credit line, guaranteed by Iranian oil, if the regime renews compliance with the nuclear deal.
Mr. Macron would do better to save the money and help Mr. Trump ’s Iran efforts. Sanctions the U.S. has imposed since last year are designed to coax Tehran to renegotiate a better deal. This has included designating the Islamic Revolutionary Guard Corps as a foreign terrorist organization and sanctions that have reduced Iranian crude oil exports some 80%. U.S. Special Representative for Iran Brian Hook announced fresh measures against the IRGC and Iranian oil last Wednesday.
This appears to be working. Iranian leaders such as Foreign Minister Javad Zarif have gone from refusing talks with Washington to probing ways to get back to the negotiating table. That’s important context for Iran’s provocations that are supposed to scare Washington into offering a new deal, such as attacks on oil infrastructure in the Middle East, threats against a Washington think tank, and news that Tehran is now openly violating the 2015 deal by stockpiling highly enriched uranium.
The mystery is why, in light of all this, Mr. Macron is eager to send Iran more money—especially since Mr. Trump can block the transfer by refusing to waive U.S. sanctions. Perhaps Mr. Macron and the Europeans hope to buy off Iran in the short term as they wait to see if Mr. Trump wins re-election. But in the meantime they are advancing Iran’s nuclear ambitions.
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