Trump Mulls $15 Billion Iran Bailout, May Lift Sanctions

Saying he believes that the US sanctions and pressure have put Iran in a very tough position, President Trump continued to suggest that talks could be held soon. Interestingly, reports also suggest he may be considering some concessions.

A $15 billion EU line of credit to Iran in return for oil sales, an effort to get them around near-term economic problems, seems the most likely immediate move, with Trump and Mike Pompeo both considering giving France permission to do it.

Iran has suggested they would only be open to talks in the event the US lifted sanctions on them. Incredibly, it does appear that this too is under consideration, as Trump is very hopeful for talks, and might actually be willing to do something to make that happen.

The clearest indication of this might be the sacking of John Bolton this week. Bolton was working openly against all of these concessions, and fighting against the Iran talks in general. Trump may have believed getting Bolton out of the way was a necessary first step.