Trump’s Pressure Is Weighing Heavily on Iran

Sanctions depress oil sales, taking heavy toll on economy; unclear where strategy is headed.

You think you have trouble at work? It could be worse. You could be the government official in charge of Iran’s budget.

It is becoming increasingly clear just how effectively the Trump administration’s campaign of economic sanctions is shredding the Iranian government’s balance sheet and damaging the underlying economy. You may agree or disagree with the strategy, and where it is taking things is unclear, but its impact is no longer in doubt.

While precise figures...