"The Islamic Republic of Iran, a resource-rich and labor-rich country in the Middle East, is a central focus of the U.S. national security policy. The United States asserts that Iran is a state sponsor of terrorism and that Iran's uranium enrichment activities are for the development of nuclear weapons. To the extent that U.S. sanctions and other efforts to change Iranian state policy target aspects of Iran's economy as a means of influence, it is important to evaluate Iran's economic structure, strengths, and vulnerabilities. […] While some analysts maintain that Iran's economy is performing robustly, others suggest that the economy is underperforming, given the country's vast resources. Despite the challenges faced by Iran, most analysts believe that the economy is not in immediate crisis, given the continued highs in oil prices. Members of Congress are divided about the proper course of action respect to Iran. Some advocate a hard line, while others contend that sanctions are ineffective at promoting policy change in Iran and hurt the U.S. economy. In the 110th Congress, several bills have been introduced that reflect both perspectives. This report will be updated as warranted by events."
CRS Report for Congress, RL34525