US Sanctions on Iran: A Decades-Long Saga | Frenly Videos

The US has imposed sanctions on Iran since 1979, with the most significant escalation occurring in 2018 when the US withdrew from the Joint Comprehensive Plan of Action (JCPOA). The sanctions have had a devastating impact on Iran's economy, with the country's GDP contracting by 4.8% in 2020, according to the World Bank. The sanctions have also led to a significant decline in Iran's oil exports, from 2.5 million barrels per day in 2017 to just 200,000 barrels per day in 2020, as reported by the US Energy Information Administration. The US has argued that the sanctions are necessary to prevent Iran from developing nuclear weapons, while Iran claims that the sanctions are a form of economic warfare. The sanctions have also had a human cost, with many Iranians struggling to access basic necessities like food and medicine. As the US and Iran continue to negotiate a potential return to the JCPOA, the future of the sanctions remains uncertain, with some experts predicting a gradual easing of restrictions and others warning of further escalation.