Iran Cutting Funds to Syria as U.S. Sanctions Tighten


“…Of course no one should be surprised at these developments. The American sanctions that kicked back in last November were designed well. They’ve hit Iran’s biggest industries, especially the oil sector, and have been slowly producing devastating effects. In January, Iranian President Hassan Rouhani said that Iran is facing its toughest economic situation in 40 years, and that the United States was squarely to blame.

And Rouhani is exactly right. Much of the world today is now being given a choice between engaging with the market of the U.S. or that of Iran. Regardless of a country’s political proclivities and whether or not it supports America’s policy on the Islamic Republic (much of the West does not), it is nearly impossible for any nation to forgo the $20 trillion American economy in favor of accommodating Iran.

In addition to Iran cutting funds to Syria, the latest consequence of U.S. sanctions have been another massive hit to Iran’s oil industry…”


Doug Santo