F O U N D A T I O N F O R D E F E N S E O F D E M O C R A C I E S
Oil Market Impactof Sanctions Against theCentral Bank of Iran
Mark Dubowitz & Reuel Marc Gerecht
November 2011
C o n f d e n t i a l
Oil Market Impactof Sanctions Against theCentral Bank of Iran
Mark DubowitzReuel Marc Gerecht
November 2011
A division of theFOUNDATION FOR DEFENSE OF DEMOCRACIESWashington, DC
FDD PRESS
C o n f d e n t i a l
About The Authors
Mark Dubowitz
is executive director of the Foundation for Defense of Democracies. His policy work focuses on Iran and Syria, sanctions, and on theuse of technology to encourage democratic change. He is the director of theIran Energy Project which provides leading research and analysis in supportof strong, broad-based energy sanctions--including gasoline, natural gas, andoil sanctions--as part of a comprehensive strategy to end the Iranian regime’spursuit of nuclear weapons, support for terrorism and human rights abuses. Italso focuses on the risks of foreign companies in doing business with the U.S.government-blacklisted Islamic Revolutionary Guard Corps, a dominant forcein the energy sector.Mr. Dubowitz writes frequently on Iran energy sanctions issues. He is a regularcontributor to
Forbes’ Energy Source
. His work is often featured in internationalprint and broadcast media. Mr. Dubowitz co-authored past Iran Energy Project reports, including
Iran’s Chinese Energy Partners: Companies Eligible for Investigation Under U.S. Sanctions Law
and
Iran’s Energy Partners: Companies Requiring Investigation Under U.S. Sanctions Law.
He is the co-author of four condential
studies provided by FDD to the U.S. government on: (1) the oil market impactof sanctions against the Central Bank of Iran; (2) the role of the IslamicRevolutionary Guard Corps in the Iranian crude oil supply chain; (3) the role
of the IRGC in the rened petroleum trade; and, (4) the creation of the United
States as an “Iranian-Oil-Free Zone” to prohibit the importation into the U.S.
of rened petroleum products derived from Iranian crude.Mr. Dubowitz has testied before Congress on Iran sanctions issues and briefedthe military, government and counterterrorism ofcials on a range of national
security and terrorism-related concerns.
Reuel Marc Gerecht
is a senior fellow with the Foundation for Defense of Democracies. He focuses on Iran, Iraq, Afghanistan, terrorism, and intelligence.Mr. Gerecht is the author of
The Wave: Man, God, and the Ballot Box in the Middle East
(Hoover Institution Press, 2011),
Know Thine Enemy: A Spy’s Journey intoRevolutionary Iran
(Farrar, Straus & Giroux, 1997) and
The Islamic Paradox: Shiite Clerics, Sunni Fundamentalists, and the Coming of Arab Democracy
(AEI Press, 2004).
He is a contributing editor for
The Weekly Standard
and a correspondent for
The Atlantic Monthly
, as well as a frequent contributor to the
Wall Street Journal
, the
New York Times
, and other publications. He is the co-author of two condential
studies provided by FDD to the U.S. government on: (1) the oil market impactof sanctions against the Central Bank of Iran, and, (2) the creation of theUnited States as an “Iranian-Oil-Free Zone” to prohibit the importation into
the U.S. of rened petroleum products derived from Iranian crude.
Mr. Gerecht served as an Iran specialist at the CIA’s Directorate of Operations.
Oil Market Impact of Sanctions Against the Central Bank of Iran
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