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Sanctions Ramifications Manifold 

Sanctions Ramifications Manifold 
Sanctions Ramifications Manifold 

One of the gravest challenges Iranian economic players have had to grapple with in recent years is the cost of sanctions, including oil discounts Iran gives to customers. 
With sanctions in place, the country is forced to sell its oil at prices much lower than the global average. On the other hand, economic players cannot receive their financial resources in dollars. Therefore, they are forced to trade in the national currency of other countries, or on credit. 
Not long ago, the news about 40% losses of Iranian businessmen in Iraq was published and went viral, Morteza Afqeh, an economist, prefaced his write-up for Persian daily Ta’adol with this note. A translation of the text follows:

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