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Over the years, sanctions have taken a serious toll on Iran's economy and people. Since 1979, the United States has led international efforts to use sanctions to influence Iran's policies, including Iran's uranium enrichment program, which Western powers fear is intended to gain the capability to produce nuclear weapons. Iran counters that its nuclear program is for medicine and generating electricity. Since the Nuclear talks between Iran and the Western powers have failed, new proposals to enforce stronger economic sanctions on Iran are now in the works. Numerous governments and multinational entities impose sanctions against Iran. Sanctions commonly bar nuclear, missile and certain military exports to Iran; Investments in oil, gas and petrochemicals; exports of refined petroleum products; business dealings with the Iranian Republican Guard Corps; Banking and insurance transactions, including with the Central Bank of Iran; and shipping. Web-hosting services for commercial endeavors, domain name registration services. The United States imposed sanctions on Iran following the Islamic revolution of 1979, while more recent rounds of sanctions by the U.S. and other entities were motivated by Iran's alleged nuclear weapons program. (via Freebase)