Iran's 60-Day Sanctions Waiver Masks Decades-Long Unwinding Challenge

⚖️ SANCTIONS — The waiver is easy; unwinding 40 years of law is not. 📌 LOOK CLOSER: Treasury waivers and frozen asset releases are executive actions — narrow and reversible. Full unwinding requires Congressional legislation, OFAC delisting, and secondary sanctions reform. European banks won't re-engage Iran until that's done — liability risk dwarfs any margin. Tehran pockets near-term relief, but economic normalization runs on a decade clock.