3min chapter

Ones and Tooze cover image

How Sanctions Work (and Why They Often Don't)

Ones and Tooze

CHAPTER

The Economic Impact of Sanctions on Iran

The main global impact to sanctioning iran is to remove a few million barrels per day in additional capacity from the oil markets. A poorer iran under sanctions makes the entire region poorer. And there are big lost opportunities beyond the immediate region. But i think it's hard not to see here, tha, the cynical logic of great power politics at play.

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