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2024-05-07 20:41:18

Voice of America - VOA News on Nostr: US-Iran sanctions swap deemed symbolic, ineffective by some analysts ========== Iran ...

US-Iran sanctions swap deemed symbolic, ineffective by some analysts
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Iran sanctioned five U.S. companies and seven individuals in retaliation against U.S. sanctions targeting Iranian cybersecurity and drone industries. The U.S. accuses Iran of supporting terrorist groups in the region. Sanctions from Iran have little to no weight compared to the U.S. due to the global influence of the U.S. dollar. While sanctions have harmed Iran's economy, their effectiveness in achieving U.S. strategic objectives is debated. Some analysts argue that sanctions imposed on Iran have largely failed to achieve their goals. The U.S. has imposed numerous sanctions on Iran since 1979, targeting Iran's Supreme Leader and public sectors. The Biden administration has stated that Iran must come into compliance with the sanctions regime before considering lifting sanctions. Some U.S. officials believe that further tightening sanctions would yield desired outcomes. U.S. sanctions on Iran's oil exports affect global energy markets and inadvertently benefit China. Iran's oil revenue remains crucial for its economy. Despite the mixed results of sanctions, some U.S. officials maintain that tightening them further would be effective. The article does not provide specific names, numbers, dates, or the timing of events.

#UsiranRelations #Sanctions #Terrorism #MiddleEast #IranNuclearProgram

https://www.voanews.com/a/us-iran-sanctions-swap-deemed-symbolic-ineffective-by-some-analysts/7601779.html
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