Understanding US Economic Embargo on Iran
The United States launched an economic boycott operation against Iran led by President Donald Trump. This involved imposing sanctions on approximately 60 entities and individuals connected to Iran in sectors such as nuclear energy, missile technology, cyber activities, and oil. The aim of these measures is to devastate the Iranian economy and impose total isolation on Tehran. The U.S. government targeted five major sectors and suspended numerous financial licenses, also threatening unilateral actions if other countries do not take steps to halt economic dealings with Iran. Iran responded with warnings that all oil exports from the Gulf could stop if the economic war continued, and set conditions for lifting the sanctions, including ending military operations and withdrawing U.S. forces from the region. It is worth noting that tensions between the two countries have been escalating since the beginning of the year, with renewed attacks and confrontations in the Strait of Hormuz and Iranian ports being subjected to renewed naval blockade.
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