The US Congressional Research Service has published its Iran Sanctions report (4 January 2019), providing a detailed analysis of US and international sanctions against Iran. It notes that the recent reimposition of US sanctions has “begun to harm Iran’s economy as major companies exit the Iranian economy rather than risk being penalized by the United States”. Furthermore, that “Iran’s oil exports are decreasing”, and that the value of Iran’s currency has “sharply declined”.
Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...See profile for Maya Lester QC >