News analysis
How deal with US could reconnect Iran to the global economy
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Iran has threatened to start collecting money from the thousands of cargo ships that sail through the Strait of Hormuz each year.
PHOTO: REUTERS
Patricia Cohen
LONDON – Despite the wreckage left by Iran’s 16-week war with the US and Israel, the country’s potential outlook over the long term is brighter than it has been in years.
For the first time in decades, Iran’s status as an international economic outlaw could be nearing an end, allowing a leading oil producer to re-establish ties with the rest of the globe.