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Analysis

Who in Iran Benefits From Sanctions?

The September 9 edition of the Iran Media Review reflects on statements from a former Iranian vice president regarding government bodies and officials who benefit from U.S. sanctions.

Ali Alfoneh

2 min read

Certain government individuals and bureaucracies in Iran benefit from the U.S.-imposed sanctions, former Vice President Eshaq Jahangiri argued in Behrad Mehjou and Vali Khalili’s recently published book “Bedoun-e Doud va Atash va Khoun” (Without Smoke, Fire, and Blood), excerpts of which were published in reformist Shargh daily. If this is the case, it would hardly be surprising that these figures and institutions would do their utmost to sabotage nuclear negotiations between Tehran and Washington.  

  • September 6: Looking back at how some Iranians enriched themselves during Iran’s struggle to survive the “maximum pressure” campaign during the administration of former President Donald J. Trump Jr, Jahangiri said: “We were bringing $350 million in cash from the Azerbaijan border, in two phases. The money was stacked on wooden pallets. $31 million never made it to Tehran, and no one was held responsible for the loss … We were hoarding the cash so we could make our purchases of basic goods in cash, when all other paths of trade were closed to us.” Concluding the conversation, Jahangiri said: “The result of sanctions is corruption. Iran’s foreign trade is $70 billion, 20% of which ends up in the pockets of those inside Iran who welcome the sanctions regime. This group organizes its network in the United Arab Emirates to provide Iran with financial services” to bypass the sanctions, and in return “overcharge Iran … Another group establishes companies in China, with the sole purpose of plundering Iran when the sanctions bite. Their network is perfectly well known. They have the backing of political power centers within Iran. They are the profiteers of the sanctions and don’t care about the plight of the people.” 

The views represented herein are the author's or speaker's own and do not necessarily reflect the views of AGSI, its staff, or its board of directors.

Ali Alfoneh

Senior Fellow, AGSI

Analysis

Iranian-Saudi Rapprochement: Provocateur Hung Out to Dry

The May 30 edition of the Iran Media Review analyzes Iranian officials’ willingness to sacrifice an anti-Saudi hard-liner to preserve Iran’s relationship with the kingdom.

Ali Alfoneh

11 min read

Iranian-Saudi Rapprochement: Provocateur Hung Out to Dry

Tehran Maintains Diplomatic Optimism Amid Protracted Negotiations

The May 27 edition of the Iran Media Review evaluates Iranian media reports about the state of negotiations after the fifth round of U.S.-Iran talks.

Ali Alfoneh

14 min read

Tehran Maintains Diplomatic Optimism Amid Protracted Negotiations

U.S.-Iran Negotiations Approach Inflection Point

The May 23 edition of the Iran Media Review discusses Iranian media analysis of the disagreement between Iran and the United States over the future of Iran’s uranium enrichment program.

Ali Alfoneh

8 min read

U.S.-Iran Negotiations Approach Inflection Point

Supreme Anger

The May 21 edition of the Iran Media Review examines Ayatollah Khamenei’s hostile commentary about the state of negotiations with the United States.

Ali Alfoneh

7 min read

Supreme Anger
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Events

Apr 29, 2025

The Real Deal? Are Washington and Tehran Closer to a Compromise?

On April 29, AGSI hosted a discussion on the U.S.-Iranian nuclear negotiations.

Iranian Foreign Minister Abbas Araghchi, left, meets his Omani counterpart Sayyid Badr Al Busaidi prior to negotiations with Special Envoy to the Middle East Steve Witkoff in Muscat, Oman, Saturday, April 12. (Iranian Foreign Ministry via AP)
In this photo released by Iranian Foreign Ministry, Iranian Foreign Minister Abbas Araghchi, left, meets his Omani counterpart Sayyid Badr Albusaidi prior to negotiations with U.S. Mideast envoy Steve Witkoff in Muscat, Oman, Saturday, April 12, 2025. (Iranian Foreign Ministry via AP)

Jul 11, 2024

In Conversation With Ali Alfoneh: Does Iran’s Presidential Election Matter?

On July 11, AGSIW hosted a discussion on Iran's presidential election.

People watch the debate of presidential candidates at a park in Tehran, Iran July 1, 2024. (Majid Asgaripour/ West Asia News Agency via REUTERS)
People watch the debate of presidential candidates at a park in Tehran, Iran July 1, 2024. (Majid Asgaripour/ West Asia News Agency via REUTERS)

Jan 9, 2024

2024 Outlook

On January 9, AGSIW hosted a virtual roundtable with its leadership and scholars as they looked ahead and assessed trends likely to shape the Gulf region and U.S. foreign policy during the coming year.

Oct 12, 2023

Will the Israel-Hamas Conflict Spell the End of Regional Reconciliation?

On October 12, AGSIW hosted a discussion on the Israel-Hamas conflict.

Smoke billows following Israeli strikes, in Gaza City, October 11. (REUTERS/Mohammed Salem)
Smoke billows following Israeli strikes, in Gaza City, October 11. (REUTERS/Mohammed Salem)
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