The activation of the “snapback” mechanism not only makes the return of sanctions possible, but by simultaneously striking market confidence, financial channels, and supply chains, it quickly and multifront intensifies economic effects. Warnings about capital flight and disruption in money circulation, the risk to imports, and some parliamentarians’ calls to accelerate nuclear programs together present a fuller picture of how this external shock could affect Iran’s economy.
Alireza Kiani, head of the Money and Capital Market Commission of the Tehran Chamber of Commerce, told the state-run daily Ettelaat that the new wave of sanctions due to the activation of the snapback will create doubled inflationary pressure.
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He added, “If the snapback is activated, the government must seriously reconsider its currency policies. Because with the continued suppression of the exchange rate, more traders and producers will be pushed out of the market and capital flight will increase.”
The head of the Money and Capital Market Commission of the Tehran Chamber of Commerce emphasized, “One of the most important features of the recent crisis is the intensification of disruption in the circulation of money and capital in the country. In clearer terms, not only does the private sector lack adequate access to resources, but there is also no incentive for reinvestment.”
Union of Petroleum Products Exporters: the snapback may block gasoline imports
Hamid Hosseini, spokesperson for the regime’s Union of Petroleum Products Exporters, said regarding the possible impact of the “snapback” mechanism on gasoline imports to Iran that these imports may face obstacles due to U.S. tightening.
He said, “Petroleum products such as super gasoline are not on the United Nations sanctions list and the issue mainly concerns missile and arms sanctions. However, there is a possibility that the American side will use this as a pretext for stricter enforcement.”
Hosseini added, “The Ministry of Petroleum has so far approved five private companies to import premium gasoline. Most likely, the first shipment of premium gasoline will enter the country this week.” He continued, “This shipment is supplied from India and will be sent to Iran via the United Arab Emirates.” The spokesperson for the Union of Petroleum Products Exporters emphasized that if the “sanctions intensify, money transfers will become more difficult and it will not be easy.”
Member of the regime’s National Security Commission of parliament: we should move toward building a nuclear weapon as soon as possible
Ahmad Bakhshaish Ardestani, a member of the National Security Commission of parliament, told the state-run website Didban Iran, “It is better to move toward building a nuclear weapon as soon as possible.” He added, “Testing an intercontinental missile does not mean that we want to strike Europe.”
The National Security Commission member threatened, “If Israel and America try again to seize our skies, we will respond to them through missile attacks and will not surrender.”
According to the state-run website HamMihan Online, Ahmad Naderi, a member of the presidium of the regime’s parliament, wrote on the social network X:
“Failure to pass a resolution to permanently lift sanctions activates the snapback mechanism and exposes Iran to the return of Security Council sanctions.
“I have said it many times and now repeat it more plainly: the only way to preserve Iran’s territorial integrity and national security is to obtain a nuclear weapon.
“Withdrawal from the NPT, adopting a policy of opacity and ultimately testing an atomic bomb is the only option that can spare Iran from the fate of Iraq and Libya. Experience has shown that countries lacking nuclear deterrence eventually become victims of invasion or regime change.
“A policy of ambiguity allows us to create deterrence while simultaneously managing international pressures.
“The time has come to make hard but necessary decisions.”
