(3) Jonathan Sayeh reports that the U.S. blockade has caused a sharp decline in Iranian oil exports, though it has not yet reached a level of total economic catastrophe. The Iranian regime is demanding the total elimination of all sanctions and access to

(3) Jonathan Sayeh reports that the U.S. blockade has caused a sharp decline in Iranian oil exports, though it has not yet reached a level of total economic catastrophe. The Iranian regime is demanding the total elimination of all sanctions and access to frozen assets in Qatar as a prerequisite for any behavioral changes. Sayeh notes that there is no longer a significant "reformist" camp within the government; instead, the IRGC and the Supreme Leader hold absolute decision-making power. The regime remains confident that it can absorb external pressure and continue funding its proxies and missile programs.