U.S. President Donald Trump's administration has faced limitations in its sanctions campaign against Iran, despite attempts to maximize economic pressure on Tehran. This was reported by Bloomberg, according to UNN.
Details
Washington launched the campaign, titled "Economic Fury," in April following the cessation of a military operation against Iran. U.S. Treasury Secretary Scott Bessent called on allies to join the new sanctions; however, experts note that the current strategy differs little from the "maximum pressure" policy Trump employed during his first presidential term.
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Over the past eight years, the U.S. has imposed nearly 2,000 sanctions against Iran. They cover the oil sector, shipping, currency transactions, and intermediaries in China and the Middle East. At the same time, Iran continues to sell oil to China and remains resilient to economic pressure.
Experts on the effectiveness of sanctions
"We have just reached the limit of what we can achieve through sanctions and economic pressure,"
According to him, Washington needs either new tools of influence or a revision of its own expectations regarding Iran.
Analysts also note that the U.S. is trying to increase pressure on Tehran without causing excessive damage to the global economy and American consumers due to a potential rise in energy prices.