Events

Us Iran Financial War 2011 to 2013

Full Name
US Iran Financial War 2011 to 2013
Event Type

From 2011 to 2013 the United States waged a Financial War on Iran in response to Iran's Nuclear aggression.

The US Used the Following Financial Warfare Tactics
  • US Implemented sanctions on Iranian individuals and entities
    • US encouraged other countries to implement/follow sanctions
  • Industrial & Computer System Sabotage (Hacking)
  • US excluded Iran from using the Fedwire US dollar payment system
    • Iran unable to send or receive dollars
    • Iran switch to using Euros through the European SWIFT system
  • US put pressure on partners to ban IRAN from SWITF system
  • Iran cutoff from receiving in demand currency for oil

Iran Was Impacted By These Tactics
  • Resorted to using black market to secure Dollars to buy international goods
  • Value of the currency plunged
  • Residents made a run on the banks
  • Interest rates skyrocketed (20%+)
  • Increased Inflation
  • Demonstrations Against the Government

Conclusion
  • In 2013 Iran agreed to meet with the United States regarding its weapons program
  • Ultimately the JCPOA was signed in 2015

2011 - 2013 Us Iran Financial War Goals
  • Destabilize the Country
  • Invoke Regime Change
  • Ultimately persuade Iranian leadership to enter into an agreement regard its nuclear weapons