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ARTICLE · 11 SEPTEMBER 2019

United States Economic Sanctions Regime: Iran

In the case of Iran, secondary sanctions only apply to transactions involving SDNs, oil, energy, automotive, shipbuilding/shipping, precious metals, and insurance.

TurkeyInternational Law

Introduction

Iran has been subjected to sanctions from various countries and international organizations since the Iranian hostage crisis that took place in 1979. That being said, the restrictions significantly escalated after 2010, and the subject of economic sanctions imposed on Iran is one of the hottest topics in the international community of late.

A primary concern of the international community has commonly been that Iran's nuclear technology should not be used for the proliferation of nuclear weapons. Following concerns that Iran was not fulfilling its international obligations, many countries responded with the imposition of comprehensive sanctions. The United States of America (US) has been the spearheading power in implementing these sanctions.

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