Iran Bets on Shadow Networks to Evade US Sanctions
7 Articles
7 Articles
(Cairo=Yonhap News) Correspondent Kim Sang-hoon = All-out economic pressure from the U.S., including a prolonged naval blockade and 'secondary boycotts' (third-party sanctions), is pushing the Iranian economy to the brink...
Iran’s Economy Buckles Under US Sanctions
A U.S. campaign to squeeze Iran’s economy by blocking its oil exports and tightening sanctions is increasingly putting pressure on Tehran, according to three senior Iranian sources cited by Reuters. Washington has intensified economic measures in an effort to force Iran to make concessions in negotiations after six months of conflict failed to produce a […]
Iran bets on shadow networks to evade US sanctions
With its toughest sanctions yet, the administration of US President Donald Trump is seeking to force Iran's leadership into submission. The measures, dubbed "economic D-Day" sanctions, are intended to achieve what military pressure since February has failed to accomplish. In addition to targeting Iran's key sources of revenue and trade, including oil, banking, gold, shipping, aviation and certain technology sectors, US authorities are increasing…
Dubai: Three high-level Iranian sources said that the US campaign to cripple the Iranian economy by restricting oil exports and halting sanctions evasion is intensifying its impact on Tehran. In recent weeks, Washington has sought to escalate economic pressure on Tehran in an attempt to extract concessions in any future negotiations after the six-month-long standoff failed to resolve the issue.
The effects of the war on Iran are no longer limited to its military losses. With the maritime blockade and economic sanctions, the Reals have gone to historic record levels.
Reuters reported today (September 3) that three senior Iranian sources revealed that the United States has blocked Iran's oil exports and blocked Iran's ways to circumvent sanctions. Now, Tehran has very few channels left to obtain foreign exchange and purchase goods, and the pressure is becoming increasingly unbearable.
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- 67% of the sources lean Right
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