As Iran Sanctions Intensify, Tehran Plays the Blame Game

As Iran Sanctions Intensify, Tehran Plays the Blame Game

In the most direct admission by a high-ranking Iranian government official that international sanctions are imposing a heavy burden on the economy, Iranian Minister of Industry Mehdi Ghazanfari called the latest round of sanctions “crippling” at a gathering of provincial governors on Jan. 10. His remarks were a clear break from his previous statements, in which he downplayed the impact of sanctions. Ghazanfari said the latest round of sanctions have been far more costly than previous ones, pointing in particular to three new sets of sanctions imposed in 2012: financial sanctions, especially those targeting Iran’s central bank; oil export restrictions; […]

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