Iran's Struggle Amid Sanctions

American sanctions have a significant impact on the Iranian economy, causing food prices to rise and a decline in buying and selling activity. As Washington expands sanctions to include companies and parties dealing with Iran through secondary sanctions, Iran relies on five main markets: China, Russia, Turkey, Iraq, and the United Arab Emirates. The country faces difficulties in exporting oil to these markets, and the electronic devices sector has been hurt due to the UAE suspending trade with Tehran. Despite these pressures, experts believe Iran can withstand the challenges thanks to its trade relationships with China, although the sanctions may lead to social problems and increased tension due to diminished purchasing power. Tehran is adopting a strategy of circumventing sanctions and resisting concessions, while Washington attempts to economically isolate Iran by expanding international sanctions. However, it faces challenges in rallying global partners because of their economic interests with Tehran.

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