The Trump administration renewed sanctions on Iran, targeting Iran as a continuation of the U.S. pulling out of the Joint Comprehensive Plan of Action (JCPOA). The U.S. Department of the Treasury’s Office of Foreign Assets Control targeted over 700 individuals, entities, aircraft, and vessels. Despite granting waivers to eight countries who currently purchase Iranian crude oil, including Turkey, the renewed sanctions will likely have a significant impact on the regional political dynamics. Iran’s currency and economy have weakened as a result of the sanctions, however, European countries and regional partners, including Turkey, have opposed them. It is not entirely clear how effective the sanctions may be in accomplishing the Trump administration’s goal of pushing back against Iran in the Middle East.
Please kindly join SETA D.C. for a timely discussion on the renewed sanctions on Iran and their regional implications.
Trita Parsi, Founder, National Iranian American Council
Michael Pregent, Senior Fellow, Hudson Institute
Kadir Ustun, Executive Director, The SETA Foundation at Washington D.C.
Kilic B. Kanat, Research Director, The SETA Foundation at Washington D.C.
The Foundation for Political, Economic and Social Research (SETA) at Washington, D.C. is a 501(c)(3) non-profit, independent, nonpartisan think tank based in Washington, D.C. dedicated to innovative studies on national, regional, and international issues concerning Turkey and US-Turkey relations.