Snapback Activation Not Economic Game-Changer
A new study by the Iranian Parliament’s research arm has assessed the legal, political and especially economic implications of the activation of the “snapback” mechanism, noting that its primary effect is psychological rather than material.
The report argues that the real pressure on Iran’s economy still comes from US secondary sanctions, while the reinstated United Nations measures mainly serve to amplify uncertainty and legitimize broader political action against Tehran.
According to the study, UN sanctions historically carried a narrow, proliferation-related focus, targeting dual-use technologies, missile activity and specific individuals or entities.
- UN sanctions did not directly restrict Iran’s oil exports
- UN sanctions did not shut down Iran’s banking system
For this reason, the current reimposition of UN sanctions under the snapback clause has not created an entirely new sanctions regime.
The primary effect is psychological rather than material
Author's summary: Snapback activation has little economic impact on Iran.
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