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Mr Rohani has his compatriots on his side for the time being, but rising prices will not be tolerated only for long. The government is banking on reaching a deal with the West over its nuclear programme that would give Iran relief from sanctions. If that does not happen, both Iran and Mr Rohani’s credibility will suffer.
Former US and international officials involved in track 2 conversations with Iran have been considering the utility of such a format to try to address deep regional mistrust of Iran amid the growing prospect that it could emerge from diplomatic and economic isolation if a nuclear deal s reached.