ASSESSMENTS

Iran: Sanctions and Smuggling

Jul 1, 2010 | 18:39 GMT

ATTA KENARE/AFP/Getty Images

Summary

Three sets of sanctions against Iran, including one awaiting the signature of U.S. President Barack Obama, are in play. The measures target Iranian gasoline imports and oil infrastructure, and several corporations have announced a cutoff in trade with Iran because of them. However, these measures are difficult to effectively enforce, and the likelihood of a massive smuggling bonanza developing in response means they likely will have little strategic impact on Tehran.

Three sets of sanctions are in play against Iran, but a lack of enforcement capability may trigger a rise in black-market dealings with the country....

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