After the latest round of US sanctions, ordinary Iranians are likely to suffer the most.
- Wesley Rahn, Mitra Shodjaie
While some optimism remains about back door support through oil exports, the long-term outlook for Iran’s economy remains dire.
The full force of US sanctions on Iran was re-imposed Monday in an attempt to isolate the country’s leadership and force a change in its behavior by crippling the Iranian economy.
Iran has been absorbing a series of domestic crises even before the US announced in May 2018 that it was leaving the landmark 2015 Iran nuclear deal and…