This article outlines economic, trade, scientific and military sanctions against Iran, which have been imposed by the U.S. government, or under U.S. pressure by the international community through the United Nations Security Council. Currently the sanctions include an embargo on dealings with Iran by the United States, and a ban on selling aircraft and repair parts to Iranian aviation companies.
In 1979, after the U.S. permitted the exiled Shah of Iran to enter the United States for medical treatment, and after rumors of another U.S. backed coup and re-installation of the Shah, a group of radical students took action in Tehran by seizing the American Embassy and taking hostage the people inside. The United States responded and President Carter issued Executive Order 12170 in November 1979 freezing about $12 billion in Iranian assets, including bank deposits, gold and other properties. Some assets — Iranian officials say $10 billion, U.S. officials say much less — still remain frozen pending resolution of legal claims arising from the revolution.
Coordinates: 32°N 53°E / 32°N 53°E / 32; 53
Iran (i/ɪˈrɑːn/ or /aɪˈræn/;Persian: ایران [ʔiˈɾɒn] ( listen)), officially the Islamic Republic of Iran (Persian: جمهوری اسلامی ایران Jomhuri-ye Eslāmi-ye Irān), is a country in Southern and Western Asia. The name "Iran", which in Persian means "Land of the Aryans", has been in use natively since the Sassanian era. It came into use internationally in 1935, before which the country was known to the Western world as Persia ( /ˈpɜrʒə/ or /ˈpɜrʃə/). Both "Persia" and "Iran" are used interchangeably in cultural contexts; however, "Iran" is the name used officially in political contexts.
The 18th-largest country in the world in terms of area at 1,648,195 km2 (636,372 sq mi), Iran has a population of around 79 million. It is a country of particular geopolitical significance owing to its location in the Middle East and central Eurasia. Iran is bordered on the north by Armenia, Azerbaijan and Turkmenistan. As Iran is a littoral state of the Caspian Sea, which is an inland sea, Kazakhstan and Russia are also Iran's direct neighbors to the north. Iran is bordered on the east by Afghanistan and Pakistan, on the south by the Persian Gulf and the Gulf of Oman, on the west by Iraq and on the northwest by Turkey. Tehran is the capital, the country's largest city and the political, cultural, commercial and industrial center of the nation. Iran is a regional power, and holds an important position in international energy security and world economy as a result of its large reserves of petroleum and natural gas. Iran has the second largest proven natural gas reserves in the world and the fourth largest proven petroleum reserves.
Ronald Ernest "Ron" Paul (born August 20, 1935) is an American politician who has been the U.S. Representative for Texas's 14th congressional district, which includes Galveston, since 1997, and a three-time candidate for President of the United States, as a Libertarian in 1988 and as a Republican in 2008 and currently 2012. He is an outspoken critic of American foreign and monetary policies, including the Military–industrial complex and the Federal Reserve, and is known for his libertarian-leaning views, often differing from his own party on certain issues.
A native of Pittsburgh, Pennsylvania, Paul is a graduate of Gettysburg College and Duke University School of Medicine, where he earned his medical degree. He served as a medical officer in the United States Air Force from 1963 until 1968. He worked as an obstetrician-gynecologist from the 1960s to the 1980s, delivering more than 4,000 babies. He became the first Representative in history to serve concurrently with a child in the Senate when his son Rand Paul was elected to the United States Senate for Kentucky in 2010.