In its current situation, Iran remains a deeply troubled country as it struggles to come up from underneath recently lifted international sanctions that were placed upon it by Western countries—specifically the P5+1 countries—due to Iran's nuclear-related activities. Those sanctions squeezed Iran’s oil exports and access to global financial markets, resulting in soaring inflation and plummeting foreign currency reserves. Since the 2015 Joint Comprehensive Plan of Action was implemented, freeing Iran to do business with the world, trade delegations and regional and European actors have sought to do business with Iran.