The latest round of US sanctions on Iran is not merely another chapter in the economic confrontation between Tehran and Washington. Its implications extend beyond Iran and the United States, reaching China, Russia, Turkey and the wider region. The American strategy of increasing pressure on Iranian airlines, banks and businesses is aimed at further isolating Tehran. Yet the changing nature of global politics suggests that sanctions no longer produce the same results they once did.

Iran has lived under sanctions for decades. During this period, it has developed alternative trade routes, regional economic relationships and informal channels of commerce. The latest pressure will certainly create difficulties for Tehran, but completely cutting Iran off from the international system is far more complicated than it may appear.

Iran has also made it clear to neighbouring countries that they should not become part of the US pressure campaign. Tehran has warned that restrictions on access to regional airports and commercial facilities could also affect the economic and aviation interests of those countries. This reflects Iran’s broader effort to respond to sanctions not only through domestic resources but also through its........

© Daily Times