November 13, 2020
8,940
58
87
1.62%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
1:25
5:47Now PlayingAmerica’s European allies have struggled to keep the Iran nuclear deal alive after President Donald Trump quit the accord more than two years ago. Joe Biden’s election victory won’t provide a quick resuscitation.
Biden said during the presidential campaign that Trump’s Iran policy weakened U.S. national security and left Tehran closer than ever to being able to build a nuclear bomb. He vowed to get on the phone with allies on “day one” to begin rebuilding strained ties and said he’d give Iran a “credible path back to diplomacy.”
But Iran’s mid-2021 presidential election, as well as likely continued Republican control of the U.S. Senate, will put the brakes on quick, substantive action, according to U.S. and Iranian diplomats and analysts. In addition, Biden has signaled that his priorities starting Jan. 20 will be on the economy and getting the coronavirus pandemic under control.
“I am not optimistic at all that in the short term anything significant will happen between Iran and the Americans,” Saeed Laylaz, an economist and former adviser to ex-President Mohammad Khatami, said in an interview. “It’s not impossible, but it will be extremely difficult.”
The Iran Nuclear Deal’s Uncertain Path Under Biden: QuickTake
Nuclear watchdogs and security analysts aren’t the only ones focused on what Biden could accomplish: Oil markets are betting on some easing of tensions by summer 2021 that will free the way for Iranian crude to return to global markets by year-end, Bob McNally, president of Rapidan Energy Advisors, said on Bloomberg TV last week.
That could still be an optimistic timeline.
relates to Biden’s Path Back to Iran Nuclear Deal Won’t Be Easy or Fast
Hassan Rouhani on Nov. 11.Source: Office of the Iranian Presidency
On Wednesday, Iranian President Hassan Rouhani -- who leaves office next year after staking his political legacy and reputation on the nuclear accord reached during the Obama administration -- referred to Biden as “the new man who’s arrived” and had campaigned on returning to the accord. “If they stick to their responsibilities they can choose the new path,” he said.
But uncertainty about Rouhani’s successor, and the potential that elections could lead to a much harder-line government, will probably temper Biden’s enthusiasm to get something done quickly.
In addition, while presidents generally have some leeway on foreign policy, a Senate under Republican control would mean lawmakers would demand assurances on Biden’s Iran policy before they confirm his nominees, said Richard Goldberg, a former National Security Council official under Trump.
“Any effort to rejoin the Iran deal and build on it will be intensely scrutinized in Congress and among domestic critics,” said Ariane Tabatabai, a Middle East Fellow at the Alliance for Securing Democracy at the German Marshall Fund.
If Biden pursues a rally-the-allies approach to Iran, that will probably include close consultations with everyone from Israel to the U.A.E., which aren’t likely to be as accommodating as European partners.
The normalization accords in the region are “deeply connected to the pressure that we’ve put on Iran,” Secretary of State Michael Pompeo said in an interview with the Hugh Hewitt Show. “If you undermine that pressure, if you undermine the confidence that the Gulf states have that the United States will be a partner for peace in the Middle East, we are in for a very difficult, long time.”
An official with Biden’s transition team didn’t respond to a request for comment.
Subscribe to our YouTube channel
Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
To watch complete coverage on Bloomberg Quicktake 24/7, visit or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.
Connect with us on…
Breaking News on YouTube
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.