Iran’s Impasse and the “Sanctions Black Hole”

By Shahriar Kia

My article originally posted on Practical Politicking

The current plan for sanctions against Iran leaves the regime between a proverbial rock and hard place since its choices are complied or die.

The adoption of “Countering Iran’s Destabilizing Activities Act of 2017” by the United States Senate has rendered a variety of reactions from Iran resembling the terrified status of the regime’s senior ranks. Iranian media have widely referred to this new bill and the resulting authorizations as the “mother of all sanctions” and the “sanctions black hole.”

“Section 5 of this bill is related to new sanctions against the Revolutionary Guards (IRGC). This new bill is dubbed the ‘sanctions black hole’ considering the fact that based on Executive Order 13224, any individual providing services to an identified organization in this Executive Order, that individual or his/her entity will be placed on the US sanctions list or the SDN… with the adoption and implementation of this bill, we can forecast that a few thousand individuals will be placed in the SDN sanctions list…,” according to IRGC-affiliated semi-official Fars news agency.

Continue reading:  via  Iran’s Impasse and the “Sanctions Black Hole” — Iran Liberty

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