Sanction the Tehran Stock Exchange

A back door to funding terror.

For Iranian leadership, the Joint Comprehensive Plan of Action (JCPOA) was more about easing pressure on Iran’s economy and less about foreswearing an illegal nuclear program. Iran’s economy has always been the Islamic Republic’s Achilles’ heel. It was economic considerations, for example, that convinced revolutionary leader Ayatollah Khomeini to accept a ceasefire against Saddam Hussein’s Iraq in 1988, six years after he swore never to do so. It is not by coincidence that the most effective sanctions on Iran were those that targeted Iran’s banking system and, by extension, currency. These worried Iranian authorities far more than targeted sanctions limited to specific Iranian individuals.

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Sanction the Tehran Stock Exchange

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