Financial Sanctions and Economic Coercion

Financial Sanctions and Economic Coercion

Financial sanctions and other forms of economic coercion have become policy tools of choice for the US government to deter illegal activity by international actors or to pressure governments into reversing actions that harm US interests. Yet these instruments and their potential pitfalls are often misunderstood. Restrictive economic measures such as financial sanctions, export controls, tariffs, and investment screening can play an important role in advancing certain policy objectives, but they risk being ineffective if misapplied or poorly implemented. Policymakers must also recognize the impact of economic statecraft on the private sector, which bears many of the compliance burdens and operational costs associated with these measures.

Energy Sanctions Dashboard

This dashboard focuses on US sanctions and restrictive measures placed on crude oil from Russia, Iran, and Venezuela—including the unintended consequences and the lessons learned.

Econographics

Apr 17, 2025

Russia Sanctions Database

By Kimberly Donovan, Maia Nikoladze, Lize de Kruijf

The Atlantic Council’s Russia Sanctions Database tracks the level of coordination among Western allies in sanctioning Russian entities, individuals, vessels, and aircraft, and shows where gaps still remain.

Eastern Europe Economy & Business

Recent analysis

Azodi quoted in Al-Monitor on Iran’s diplomatic options in the case of nuclear talk failure

Econographics Sep 16, 2025

The Supreme Court’s decision on Trump tariffs will have lasting impact on US economic statecraft

By Stephanie Connor

Regardless of how the Supreme Court rules, the case will shape US economic policy for years to come.
Economy & Business Trade and tariffs
Azodi quoted in Al-Monitor on Iran’s diplomatic options in the case of nuclear talk failure

New Atlanticist Mar 28, 2024

The axis of evasion: Behind China’s oil trade with Iran and Russia

By Kimberly Donovan, Maia Nikoladze

Beijing has developed a way to import Iranian and Russian oil while bypassing the Western financial system and shipping services.
China Economy & Business
Azodi quoted in Al-Monitor on Iran’s diplomatic options in the case of nuclear talk failure

Testimony Feb 21, 2025

Kimberly Donovan testifies to the US-China Economic and Security Review Commission on the Axis of Autocracy

By Kimberly Donovan

On February 20, Economic Statecraft Initiative Director Kimberly Donovan testified to the US-China Economic and Security Review Commission at a hearing titled, “An Axis of Autocracy? China’s Relations with Russia, Iran, and North Korea.”
China Economy & Business

Programs

At the intersection of economics, finance, and foreign policy, the GeoEconomics Center is a translation hub with the goal of helping shape a better global economic future.

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Content

In the News

May 14, 2022

Azodi quoted in Al-Monitor on Iran’s diplomatic options in the case of nuclear talk failure

By Atlantic Council

Financial Sanctions and Economic Coercion Geopolitics & Energy Security

In the News

May 14, 2022

Slavin joins AlHurra to discuss the diplomatic obstacles facing Iran and the US amidst nuclear talks

By Atlantic Council

Arabic Economy & Business

In the News

May 13, 2022

Slavin joins Voice of America to the US-Iran nuclear deal

By Atlantic Council

Americas Financial Sanctions and Economic Coercion

In the News

May 13, 2022

Slavin quoted in Al Jazeera on the diplomatic implications of US blacklisting of Iran’s Islamic Revolutionary Guard Corps on US-Iran nuclear talks

By Atlantic Council

Financial Sanctions and Economic Coercion Iran

In the News

May 13, 2022

Mohseni-Cheraghlou interviewed by CBC News on Russia halting of gas exports to Poland and Bulgaria, and what it could mean for EU economies

Watch the full interview here.

Economy & Business Europe & Eurasia

BelarusAlert

May 11, 2022

The Belarusian dictator’s dilemma

By Brian Whitmore

Belarus dictator Alyaksandr Lukashenka appears to recognize that Vladimir Putin's Ukraine War is going disastrously wrong and is desperate to distance himself but he remains completely dependent on the Kremlin.

Belarus Conflict

In the News

May 10, 2022

Slavin quoted in Al Monitor on developing Iran-Saudi relations and it’s impact on nuclear talks

By Atlantic Council

Financial Sanctions and Economic Coercion Iran

EconoGraphics

May 9, 2022

Global Sanctions Dashboard: Russia and beyond

By Charles Lichfield, Maia Nikoladze, Sophia Busch and Castellum.AI

Checking the pulse of the Russian economy; Africa’s illicit gold trade, North Korea’s missile tests, and recent cyber sanctions.

Africa Conflict

In the News

May 9, 2022

Kumar quoted in S&P Global on how CBDCs can minimize sanction evasion

Read the full article here

Digital Currencies Digital Policy

Britain Debrief

May 8, 2022

#BritainDebrief – Which Western leaders have done enough for Ukraine? A Debrief from Kira Rudik

By Ben Judah

Senior Fellow Ben Judah interviews Kira Rudik, member of the Ukrainian Parliament and leader of the Voice Party, about which of Ukraine's allies have helped the most.

Arms Control Central Europe
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Experts

Fellow

Stephanie Connor

Nonresident Senior Fellow

Economic Statecraft Initiative GeoEconomics Center

Economy & Business Financial Crimes & Illicit Trade

Fellow

Jonathan Corrado

Nonresident Senior Fellow

Indo-Pacific Security Initiative Scowcroft Center for Strategy and Security

Indo-Pacific Korea

Staff

Lize de Kruijf

Assistant Director, Economic Statecraft Initiative

Economic Statecraft Initiative GeoEconomics Center

Dutch Economy & Business

Board director

Ambassador Paula J. Dobriansky

Vice Chair, Scowcroft Center for Strategy and Security

Scowcroft Center for Strategy and Security

Latin America China

Fellow

Hanna Dohmen

Nonresident Fellow

Global China Hub

China Chinese

Fellow

Edward Fishman

Former Nonresident Senior Fellow

Eurasia Center

Russia Financial Sanctions and Economic Coercion
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