The Sanctions Age

The Sanctions Age

The Sanctions Age is a podcast that explores how sanctions are changing the world.   Twenty years ago, the U.S. Department of Treasury had imposed sanctions on fewer than 1,000 companies and individuals. Today, more than 10,000 entities have been targeted.   Leaders around the world are imposing sanctions in response to wars, nuclear proliferation, terrorism, human rights violations, and technological competition. As a result, a growing list of countries are targeted by sanctions, export controls, and investment restrictions, including China, Russia, Iran, Venezuela, and Syria.   The Sanctions Age invites the people who understand sanctions best—economists, historians, lawyers, policymakers, and journalists—to explain their use and significance. Understanding sanctions is the key to understanding politics and economics today.    We are living in The Sanctions Age.

  1. 10/16/2025

    Huawei's Thirty-Year Battle With U.S. Sanctions

    Eva Dou on the rise of Chinese technology giant Huawei.  Few companies better embody the promise and peril of China’s rise than Huawei. For nearly three decades, Huawei has steadily climbed towards the peak of the global telecommunications industry—first as a supplier of telecom infrastructure, then as a maker of smartphones, and more recently as a driving force behind Chinese ambitions in 5G, semiconductors, and artificial intelligence. Huawei’s ascent has also made it a prime target of U.S. sanctions, export controls, and political pressure. Since the early 2000s, Huawei has faced repeated confrontations with American economic power—from losing access to markets in Iraq and Iran, to getting shut out of 3G and 4G buildouts in the U.S. and Europe, to becoming a central focus of the Trump-era trade war with China. On this episode, we discuss Huawei with the reporter who knows the company best.  Eva Dou is a tech policy reporter at The Washington Post. Prior to joining the Post, Eva spent seven years reporting on politics and technology for the Wall Street Journal in Beijing and Taipei. Earlier this year, she published House of Huawei, a deeply reported account of the rise of China’s most successful technology company and its enigmatic founder, Ren Zhengfei. House of Huawei has been Shortlisted for the Financial Times Business Book of the Year. The Sanctions Age is hosted by Esfandyar Batmanghelidj. The show is produced by Spiritland Productions. To receive an email when new episodes are released, access episode transcripts, and read Esfandyar's notes on each episode, sign-up for the The Sanctions Age newsletter on Substack: https://www.thesanctionsage.com/

    51 min
  2. 09/29/2025

    Why Oil Sanctions No Longer Work

    Gregory Brew on why oil sanctions no longer work.  Few sanctions have been used as aggressively as oil sanctions. These measures are meant to hit oil producing “rogue states” where it hurts, starving governments of vital revenues and forcing changes in policy. But look around the world today and you will see a growing list of countries defying oil sanctions. Iran is still pumping. Russia is still exporting. Venezuela is still finding buyers. Oil sanctions were once thought to be the most powerful economic weapon in Washington’s arsenal. But Gregory Brew believes that “the age of oil sanctions as a coercive tool is coming to an end.” On this episode, we unpack Greg’s argument, and along the way look at how countries like Iran and Russia are still pumping, shipping, and marketing oil for eager buyers. We discuss the networks that move this sanctioned crude, the central role that China plays in this trade, and we examine about a recent report into a shadowy oil broker called Ocean Glory that shows just how sophisticated sanctions evasion has become. Greg is an analyst with Eurasia Group’s Energy, Climate & Resources team. He also serves as the group’s Iran country analyst. A historian by training, Greg is the author of two books on oil, Iran, and U.S. foreign policy. The Sanctions Age is hosted by Esfandyar Batmanghelidj. The show is produced by Spiritland Productions. Sign up to The Sanctions Age newsletter: www.thesanctionsage.com The Sanctions Age is hosted by Esfandyar Batmanghelidj. The show is produced by Spiritland Productions. To receive an email when new episodes are released, access episode transcripts, and read Esfandyar's notes on each episode, sign-up for the The Sanctions Age newsletter on Substack: https://www.thesanctionsage.com/

    54 min
  3. 09/23/2025

    Russia’s Commitment to Austerity Under Sanctions

    Nicholas Trickett on how Russia approaches the fiscal pressure of sanctions.  Russia is one of the world’s largest economies. It’s a top energy exporter and a major supplier of wheat, fertilizers, wood, and metals. Since the invasion of Ukraine, Western governments have tried to squeeze Russia’s revenues through unprecedented sanctions, price caps, and export controls. How Russia’s economy responds to war and sanctions doesn’t just matter for Moscow or Kyiv — it matters for the price of fuel in India, the cost of bread in Egypt, and the margins for factories in China. Understanding what’s really going on in the Russian economy has become essential for anyone trying to design more painful sanctions or predict where global commodity prices are headed next. But what if our model of the Russian economy is fundamentally wrong? Nicholas Trickett is a political economist and writer who has spent years analysing the Russian economy. When he is not working on his forthcoming book, Empire of Austerity, Nick is covering the global mining and metals industry as an Associate Director at S&P Global. The Sanctions Age is hosted by Esfandyar Batmanghelidj. The show is produced by Spiritland Productions. To receive an email when new episodes are released, access episode transcripts, and read Esfandyar's notes on each episode, sign-up for the The Sanctions Age newsletter on Substack: https://www.thesanctionsage.com/

    49 min

Ratings & Reviews

5
out of 5
7 Ratings

About

The Sanctions Age is a podcast that explores how sanctions are changing the world.   Twenty years ago, the U.S. Department of Treasury had imposed sanctions on fewer than 1,000 companies and individuals. Today, more than 10,000 entities have been targeted.   Leaders around the world are imposing sanctions in response to wars, nuclear proliferation, terrorism, human rights violations, and technological competition. As a result, a growing list of countries are targeted by sanctions, export controls, and investment restrictions, including China, Russia, Iran, Venezuela, and Syria.   The Sanctions Age invites the people who understand sanctions best—economists, historians, lawyers, policymakers, and journalists—to explain their use and significance. Understanding sanctions is the key to understanding politics and economics today.    We are living in The Sanctions Age.