Sanctioning Iran: Implications and Consequences Eskandar Sadeghi-Boroujerdi 9 October 2012 Download the Report Contents Executive Summary The Logic behind Western Sanctions Great Power Rivalry and Sanctions Loss of Iranian Oil Export Revenues Revolutionary Guards’ Economic Consolidation Sanctions Targeting Iranian Financial and Banking Sector The Weak Rial Mounting Difficulties a) Health Sector b) Private Sector Mitigating the Effects of Sanctions Price Increases and Inflation Domestic Political Repercussions Conclusion The Efficacy of Sanctions Notes and References About the Author Eskandar Sadeghi-Boroujerdi is Iran Researcher at the Oxford Research Group’s Middle East programme. From 2010-2011, he taught International Relations of the Middle East at the School Oriental and African Studies (SOAS), University of London. Eskandar Sadeghi-Boroujerdi is a doctoral candidate at Queen’s College, University of Oxford. He has published widely on Iranian political affairs and is also Editor of ‘Iran Pulse’, a blog that reports and analyses the Iranian press, for the New York-based news and analysis website, ‘Al-Monitor’. The author would like to thank Sir Richard Dalton, Professor Paul Rogers, Chris Langdon, Reza Sanati, Gabrielle Rifkind, Vera Evertz, and Lisa Hashemi for their comments, feedback, editing help and support.