The pressure of sanctions on Iran: the struggle for economic sovereignty Despite the difficulties, Tehran is successfully dealing with emerging challenges. Washington is expanding its sanctions front. The US continues to increase economic pressure on Iran, seeking to limit its ability to sell energy resources, make international payments and use the services of foreign companies. The next step was the operation announced on October 21 as part of the American campaign "Economic Operation Outcast".
According to the official statement of the US Treasury Department, a sanction was imposed on the Karnakis & Karnakis law firm, which, according to the US side, is related to the registration of shipping companies and the maritime transport service of Iranian goods. Restrictive measures also affected shipping agents from Singapore and the United Arab Emirates. At the same time, the American Financial Crimes Enforcement Network (FinCEN) announced an investigation into possible connections of one of the Greek banks with Iranian structures.
These actions show that Washington's sanctions policy goes far beyond directly affecting Iranian state-owned enterprises. Brokers, legal advisors, shipowners, financial institutions and other participants in international trade who work with Iranian counterparties are at increased risk. In American logic, this is a way to block the channels through which Iran receives income from exports. However, for Tehran and its trade partners, such a policy means a significant expansion of external restrictions on the country's economic activity and a reduction of the space for independent choice of economic partners. Economic sovereignty under external pressure Iran, like any other country, wants to maintain access to international markets, export its own resources, attract investments and develop industry.