The impact of financial sanctions against Iran on global macroeconomic stability

Recent economic and regulatory measures announced by the United States toward Tehran underscore the continued use of sanctions and trade pressure as tools of foreign policy, with direct effects on the balance of global markets. According to La Tercera, the provisions contemplate monitoring and possible secondary sanctions on commercial transactions with Iran, particularly in the crude oil trade, which raises questions about the response of major global buyers, especially in the Asian market.

These geopolitical tensions have direct repercussions for the international macroeconomic environment. According to a report in El País, although the Organization for Economic Co-operation and Development (OECD) recorded a 0.5% gain in GDP across its member countries in the second quarter of the year, the organization warns that the performance of several key G7 economies faces friction linked to trade uncertainty and tensions in the Middle East.