US-Israeli strikes have begun targeting Iran’s financial infrastructure to degrade regime resiliency, but the strategy is not without its risks.

Short-term, the policy of arming and supporting ethnic proxies could hasten the demise of the Islamic regime in Iran. But the longer-term blowback against US interests may not be worth the risk.

While Israel’s unprecedented move to classify the Central Bank of Iran as a terrorist organization may prove an effective means of increasing pressure on Tehran, it also carries significant risks and possible unintended consequences.