Aafreen Afzal

  • How Iran Will Cope With US Sanctions

    The Trump Administration’s second wave of sanctions against Iran went into effect earlier this month, directed against Iran’s vital oil and petrochemical sector, its Central Bank, and other financial institutions. However, Washington’s diplomatic isolation as a result of its unilateral withdrawal from the Joint Comprehensive Plan of Action (JCPOA) and its desire to mitigate oil prices softened some of the intended negative impact on Iran, which is already employing a variety of coping mechanisms.

    The Atlantic Council’s Future of Iran Initiative detailed these mechanisms in a new issue brief, How Iran Will Cope with US Sanctions, co-authored by Holly Dagres, a nonresident fellow at the Atlantic Council’s Scowcroft Center, and Barbara Slavin, director of the Future of Iran Initiative. The report highlights a number of ways Iran has used in the past to circumvent previous sanctions...

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