Washington expands sanctions against Iran’s auto and rail sectors

The U.S. Treasury announced sanctions on October 1 targeting Iranian automotive and railway companies, along with foreign suppliers. Iran Khodro and SAIPA are among the designated automakers. [1]

The U.S. objective

The government presents the decision as a way to reduce revenues available to Tehran as part of its economic pressure campaign. [1]

International networks affected

Reuters confirms the designations and reports that suppliers in Indonesia, the United Arab Emirates and Turkey are among those affected. [2]

Possible civilian consequences

Speaking to Reuters, Brett Erickson, a sanctions specialist at Obsidian Risk Advisors, warns that pressure on the economy also risks undermining residents’ livelihoods. [2]

That assessment describes a risk. The sources consulted do not yet provide a quantified assessment of the new measures’ effects on the population or negotiations. [2]