Iran Sanctions - FAS

Iran Sanctions Updated April 6, 2021 Congressional Research Service RS20871 Congressional Research Service SUMMARY Iran Sanctions Successive Administrations and Congresses have used economic Sanctions to try to change Iran s behavior. Sanctions on Iran primarily secondary Sanctions on firms that conduct certain transactions with Iran have adversely affected Iran s economy but have arguably not, to date, altered Iran s pursuit of core strategic objectives including its support for regional armed factions and its development of missiles. Sanctions did contribute to Iran s decision to enter into a 2015 agreement that put limits on its nuclear program the Joint Comprehensive Plan of Action (JCPOA). During 2011-2015, in implementation of deliberate policy , global economic Sanctions contributed to the shrinking of Iran s economy as its crude oil exports fell by more than 50% and it could not access its foreign exchange assets abroad.

of Trump Administration policy to apply “maximum pressure” on Iran, with the stated purpose of compelling Iran to negotiate a revised JCPOA that takes into account U.S. concerns beyond Iran’s nuclear program. The policy caused Iran’s economy to fall into significant recession as a result, in part, of reduced sales of oil and isolation

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  Administration, Policy, Sanctions, Trump, Trump administration policy

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