As a second and more punishing wave of US sanctions hits Iran, the Islamic Republic is dusting off an old playbook for circumventing such penalties and maintaining a crucial level of oil exports and other trade. A new issue brief by Holly Dagres and Barbara Slavin—How Iran Will Cope with US Sanctions—discusses the myriad techniques Iran developed before negotiating the Joint Comprehensive Plan of Action, when sanctions had wider international support. The Islamic Republic is already redeploying many of these techniques, from turning off tracking devices on tankers to co-mingling oil with that of other exporters to the use of barter with key trading partners.
Thu, Nov 15, 2018
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 […]
Fri, Jul 26, 2019
All US secondary sanctions on Iran’s core economic sectors were re-imposed by the Trump administration in November 2018 as a direct consequence of its withdrawal from the Joint Comprehensive Plan of Action (JCPOA).
Fri, Nov 9, 2018
President Trump announced on May 8, 2018 that the United States would withdraw from the Joint Comprehensive Plan of Action (JCPOA) with Iran and the other P5+1 governments and re-impose nu- clear-related sanctions on Iran.
Issue Brief by