Attempts to salvage the JCPOA have intensified as discussions through European intermediaries kicked off in Vienna on 6 April. Negotiators are already drafting proposals for the US and Iran to return to compliance. With presidential elections set to take place on 18 June and a sanctioned hardliner increasingly likely to win, we expect an agreement to be reached before then. However, failure to strike a deal before the elections may undo any diplomatic breakthrough achieved.
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