Many, both inside and outside of Iran, assert that the major cause of Iran’s economic maladies is the cascade of primary and secondary sanctions that the “allies” have imposed. Iran’s economic death spiral is largely made in Iran by Iranians. Sanctions imposed by foes of the Islamic Republic only contribute in a minor way to the spiral. Iran’s downward spiral predates the Islamic Revolution of 1979. The “Soviet” Shah, who was propped up by the United States, made a mess of the economy and set the stage for Iran’s economic woes.
Source: Forbes April 28, 2018 15:56 UTC