"The latest sanctions cut Iran off from global banks, reimpose arms and missile restrictions, and revive asset freezes and travel bans on key officials. Analysts say the measures hit Iran at a fragile moment with its economy shrinking, inflation surging, and the rial collapsing to record lows. Oil sales, foreign investment, shipping, and manufacturing are all expected to take a hit."
"First, we should touch on what this means for the regime. The sanctions hit Iran at one of its most fragile moments since the late 1980s. The government remains unpopular to an unprecedented degree. Virtually every economic indicator in Iran is poor. Its national security architecture of militias, foreign proxies, Russia, China, and the Revolutionary Guard failed during the recent conflict with Israel and the U.S."
Iran insists it has no intention of building nuclear weapons while snapback sanctions cut Iran off from global banks, reimpose arms and missile restrictions, and revive asset freezes and travel bans on key officials. The measures further undermine the JCPOA and follow Iran's accelerated banned nuclear activity after the U.S. withdrawal in 2018. The economy is fragile, with shrinking GDP, surging inflation, and the rial collapsing to record lows. Oil sales, foreign investment, shipping, and manufacturing are expected to decline. Iran's national security architecture involving militias, foreign proxies, Russia, China, and the Revolutionary Guard suffered setbacks during recent conflict with Israel and the U.S.
Read at The Cipher Brief
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