Economic Security and Strategic Adaptation in the Persian Gulf: Rethinking US–Iran Rivalry through Persian Gulf Eyes
Articles in Press, Accepted Manuscript, Available Online from 13 March 2026
https://doi.org/10.22059/wsps.2026.399429.1543
Roohollah Kohanhoosh Nejad, Seyyed Mahdi Pakzat
Abstract This paper reexamines the economic security dynamics of the Persian Gulf by applying a neoliberal institutionalist framework to the evolving relationship between Iran and the United States, with particular attention to recent geopolitical shocks, including the 12-day war between Iran and Israel and the US's direct involvement in that conflict. The study explores how shifting patterns of sanctions, trade disruptions, and maritime security risks affect regional economies, particularly those of Persian Gulf Cooperation Council (GCC) states. Using process tracing, the analysis identifies causal pathways linking US policy changes to Iran’s economic resilience and the adaptive strategies of Persian Gulf actors. Special emphasis is placed on the mediating and stabilizing role of Qatar, whose neutral diplomacy has grown in importance amid heightened tensions. Findings suggest that economic interdependence, institutional cooperation, and pragmatic mediation—especially by Persian Gulf states like Qatar and Oman—offer pathways to mitigate conflict and preserve economic stability in a region increasingly shaped by sanctions, oil market volatility, and asymmetric warfare. The paper concludes with actionable policy recommendations for Iran to improve regional integration, crisis response, and economic diversification under ongoing US pressure.
U.S. Maximum Pressure and the Deterrence of Iranian Missiles
Volume 8, Issue 2, Spring 2024, Pages 335-385
https://doi.org/10.22059/wsps.2024.376519.1437
Ali Nematpour, Shahrooz Shariati
Abstract Following the Islamic revolution, Iran has consistently faced threats from neighboring countries and major global powers. In response to Iran's revolutionary stance and its challenging position in the international arena, the United States has imposed significant arms and military sanctions aimed at curbing Iran's influence in the region. However, drawing from historical lessons, Iran has adopted a deterrence strategy to counter external pressures. To compensate for its relative conventional military weaknesses and maintain deterrence against adversaries, Iran has prioritized the development and production of missile capabilities. This study delves into the development of Iran's missile capabilities and their correlation with U.S. arms embargoes. It seeks to answer whether these sanctions have effectively contained Iran's regional influence. Employing a Trend Impact analysis methodology that utilizes library resources, we will explore the trajectory of Iran's missile industry development under sanctions. Furthermore, we assess the efficacy of these sanctions on Iran's defense capabilities and military structure. The research findings indicate that U.S. military sanctions have failed to achieve their intended objectives and safeguard the interests of the U.S. and its regional allies. Contrary to assertions, the sanctions have strengthened Iran's missile capabilities and regional influence, solidifying the country's position as a regional power in the international system.
Beyond Sanctions: The Resistance Economy as the Islamic Republic of Iran’s Policy Discourse for Economic Independence
Volume 8, Issue 1, Winter 2024, Pages 171-201
https://doi.org/10.22059/wsps.2024.371398.1408
Sina Emami
Abstract This article covers the emergence of resistance economy in the Islamic Republic of Iran within the context of international sanctions, arguing that this policy ought to be understood beyond the historical context in which it emerged. The article captures the historical, political, and economic context in which the first comprehensive economic discourse of the post-revolutionary establishment emerges, and seeks to account for its scope, concerns, and objectives. Rather than another word for protectionism, import-substitution industrialisation, economic diversification of a rentier state or a mere response to sanctions, resistance economy as espoused by Ayatollah Khamenei, is a comprehensive economic policy discourse affecting all levels of state and society in the Islamic Republic of Iran. Rather than mitigating the impact of sanctions, resistance economy is an economic discourse that seeks to realise the revolutionary objective of economic independence, whilst transforming the economy of the Islamic Republic from a source of weakness to a source of strength in its pursuit of a new, more equitable international order.
The Effects of Western Sanctions on Iranian and Russian Energy Economics: Evidence from Scenario Planning Method
Volume 7, Issue 1, Winter 2023, Pages 1-29
https://doi.org/10.22059/wsps.2023.363059.1367
Ehsan Rasoulinezhad, Inna Kirilkina
Abstract Economic sanctions, involving trade restrictions imposed by one country or a group of countries against another, come in various forms, such as tariffs, trade barriers, and import/export restrictions. In recent times, Iran and Russia have become targets of diverse economic sanctions imposed by the Western Bloc. Given that both countries heavily rely on their energy sectors as the bedrock of their economies, this study focuses on assessing the impact of Western sanctions on Iran and Russia's energy industries. Employing the Futurology method (Scenario planning), the research examines the effects of Western sanctions on the energy sectors of Iran and Russia, and explores their respective responses to mitigate these adverse consequences. The findings highlight four potential scenarios for the future of the Iranian and Russian energy sectors, based on two megatrends of sanctions and geopolitical tensions. Among these scenarios, the "Ideal scenario" emerges as the most favorable outcome, while the "Austerity scenario" poses the greatest challenges. Despite the short-term efficacy of these strategies, the study underscores heightened long-term investment risks in both nations. Consequently, foreign investors' participation in the oil and gas sectors of Iran and Russia is expected to decline.
France-U.S. Negotiations on Iran Sanctions during the 1979 Hostage Crisis (Based on France’s Ministry for Europe and Foreign Affairs Declassified Archived Documents)
Volume 6, Issue 3, Summer 2022, Pages 411-437
https://doi.org/10.22059/wsps.2023.354969.1339
Farhad Forughi, Rouhollah Hosseini
Abstract One of the most critical issues in Iran's foreign policy is European countries' foreign policy toward the Iran-US crisis. The hostage crisis in Tehran on November 4, 1979 (Aban 13, 1358 SH) was the first Iran-US crisis to affect Iran's relations with Western countries. This study aims to investigate the following question: "What were the French policies toward the hostage crisis, and how were they formed?" To answer this question, the “strategic autonomy” framework was utilized to comprehend France's foreign policy. This research employs a "historical case study" methodology, which critically analyzes historical documents, such as press documents, official reactions, and diplomatic documents. The findings of this study indicate that the French foreign policy of this period can be analyzed using the concept of "strategic autonomy." In its relations with Iran, France adopted the policy of "independently regulating relations with a third country," "independence in foreign policy decision-making," and "ensuring the well-being of citizens," whereas in its relations with the US, it followed the policy of non-interference in the US's reciprocal crisis with the third party and maintaining economic interests.
EU Economic & Financial Sanctions against Iran and their Human Rights Implications
Volume 4, Issue 3, Summer 2020, Pages 471-504
https://doi.org/10.22059/wsps.2020.303333.1151
Roxana Niknami
Abstract Since the advent of the Islamic Revolution in Iran, the country has been continuously subject to severe sanctions by the Western countries, especially the United States. In all these years, the U.S. sanctions did not affect Iran’s economy much, due to the fact that the two countries have no formal relations and as a result, their economies are not, by any means, interdependent. However, Iran’s economy has been reliant on extensive interactions with the European countries; the EU sanctions against Iran since 2011, therefore, have harshly affected Iran’s economy and caused adverse social impacts on Iranian lives. In the shadow of Iran’s dark image in the eyes of the world, one issue that has remained overshadowed by the discussions on the impact and effectiveness of the sanctions, is the severe human rights crises left by the EU sanctions. The key question is what have been the human rights and humanitarian consequences of the EU sanctions for Iran, and how serious have these consequences been for the country? As the author argues in this paper, EU economic sanctions against Iran are considered violations of the three main generations of human rights and are therefore unwarranted. Given this, the resumption of sanctions since 2018 would lead to a human rights disaster in Iran. The effect of these sanctions will not affect the Iranian government, but the Iranian civilians, especially the vulnerable, which will undermine their human dignity.
Congressional Foreign Policy Actors on the Two Iran Banking Sanction Laws during the Obama Administration
Volume 3, Issue 4, Autumn 2019, Pages 687-730
https://doi.org/10.22059/wsps.2019.245680.1040
Mohammad Ali Mousavi, Marzieh Javadi Arjmand
Abstract The United States and Iran as former allies turned into adversaries after the Islamic Revolution of 1979. Since then the United States has tried to contain Iran as a state considered to be a threat to the U.S. national security. The U.S. Congress has also acted in line with the administrations’ policies and in some cases directed the administration to take a tougher stance toward Iran. A review of the literature on congressional studies indicates that the power of individual actors in legislative policymaking has increased since the 1970s. Using the Bounded Rational Model in foreign policy decision making, the present paper attempts to explain the decision making behavior of congressional sanction bill sponsors for the two financial/banking sanction laws against Iran during the Obama administration. These two laws are the Comprehensive Iran Sanctions, Accountability and Divestment Act of 2010 and Section 1245 of the National Defense Authorization Act of 2012. The method of qualitative content analysis is employed to explain the context of the bills and the sanction triggers and goals are identified through the remarks of bill sponsors. The analysis of these sanction laws using the four elements of actor, preference, structure, and decision criteria indicates that the Bounded Rational Model as it takes into account the decision makers’ cognitive limitations and the limitations imposed on them by the environment of decision making is a good model to explain the decision making behavior of banking sanction bill sponsors.
Discussion on Russia-Iran Bilateral Trade in the Modern Era with emphasis on Russia’s Economy
Volume 3, Issue 1, Winter 2019, Pages 161-198
https://doi.org/10.22059/wsps.2019.272325.1079
Jahangir Karami, Ehsan Rasoulinezhad, Shahab Alddin Shokri
Abstract This paper is an empirical attempt to investigate bilateral trade flow between Iran and Russia. To this end, we used statistical analyses on macroeconomic series over the period of 1991-2017. Results revealed that there is a significant
statistical difference in terms of exports between Iran and Russia, and that there has always been a buyer-seller dialogue between the two countries. According to the Export-Import Similarities (EIS), Iran and Russia represented low potential
complementarity between the years 2001 and 2017, which indicated that there is more trade competitiveness rather than trade complementarities between the two countries. Results from the statistical tests of Friedman and Kruskal-W revealed
that the service sector has played an important role in creating value in Russia’s economy. In addition, there is a statistical significant difference with respect to Iran’s exports to Russia in terms of Iran and Russia’s sanctions and Russia’s membership to WTO. During the sanctions imposed by the West, when Russia and Iran’s GDP always decreases, they find each other as regional allies and try to strengthen their bilateral economic relationship. However, there is an obvious
lack of diversity in Russian and Iranian export supplies and the volume of bilateral trade between them is not expected to increase in the future. Russia and Iran have failed to establish adequate economic, technical and educational ties and there is no active economic diplomacy between them. As a result, developing a clear program for the promotion of bilateral trade is a strategic priority, which must be operationalized by politicians.
