Iran is headed toward regime collapse

Nouriel Roubini  |  Roubini Macro Associates  |  24 June 2025

Last November, I predicted that Israel was likely to attack Iran’s nuclear and other military facilities, even go so far as to eliminate the “regime’s top military and political leaders”. I also argued that “any US administration would inevitably continue to support [Israel], directly or indirectly”.

Regardless of the deep divisions within Israel about the conduct of war in Gaza, the broad consensus across the Israeli political spectrum - including centre-left critics of Prime Minister Binyamin Netanyahu – was that Iran was close to developing a nuclear weapon, a perceived existential...

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