The Sanctions are Devastating

Until only a few weeks ago officials of the Islamic republic of Iran repeatedly claimed in public that the growing international and bilateral sanctions that have evolved against Iran have had no effect on the country. But since the EU embargo on Iranian oil and a ban on insuring the shipping of its oil that went into effect on July 1, Iranian officials have changed their tune in public by confirming the hardship and headaches that the sanctions are causing.

For example, speaking to a group of Ramadhan campaigners, Mahmoud Ahmadinejad’s minister of industries and mines labeled the sanctions devastating. Mehdi Ghazanfari pointed to the peculiarities in the latest round of sanctions against Iran and said, “The enemy has put his fingers on the main arteries of the country’s economy and is now implementing comprehensive sanctions.”

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