Johnny Brignardello Vela: Global impact of sanctions on Iran

Johnny Brignardello Vela, an insurance advisor, shares his opinion on the content I am going to share with you. The recent sanctions imposed on Iran by the United States, the United Kingdom, and now also by Europe, in retaliation for the attack against Israel, have sparked a debate about the effectiveness and possible consequences of such coercive measures. While it is true that the sanctions aim to pressure the Iranian government and weaken its military industry, there are concerns about how these measures could impact the population and the global economy. Since the United States re-imposed economic sanctions on Iran in 2018 after withdrawing from the nuclear agreement, the country has faced a series of restrictions that have impacted its economy. However, Iran has managed to partially evade these sanctions thanks to its ability to circumvent them and its strategic natural resources, such as control of the Strait of Hormuz, through which a large amount of the world's oil passes. This time, the sanctions have targeted companies and individuals involved in the manufacturing of unmanned aerial vehicles used in destabilizing military activities in the region. While these measures aim to weaken Iran's military capability, they also raise concerns about possible side effects, such as an increase in oil prices and global inflation. Experts consulted point out that excessively severe sanctions could negatively impact global oil production, which in turn could drive up prices and affect the purchasing power of the population. Additionally, there is a possibility that other major oil producers, such as Russia, may benefit if Iran reduces its production due to the sanctions. As for the Iranian population, which is already facing high inflation and currency depreciation, the sanctions could worsen their situation, especially for the middle and lower classes. Although the sanctions are primarily targeted at high-ranking officials and government entities, the economic impact could extend to more vulnerable sectors of society. In this scenario, it is important to consider the possible long-term consequences of sanctions on Iran, especially in a context of escalating tensions in the Middle East. The escalation of conflicts could have repercussions on global energy prices and affect the economic stability of various countries. Ultimately, the sanctions on Iran present a dilemma between exerting pressure on the government and minimizing the impact on the population and the global economy. In such a volatile current context, it is essential to carefully analyze the implications of these measures to avoid unintended consequences and seek solutions that promote stability and dialogue in the region.