This report provides a general overview of Iran's economy, addresses related U.S. policy concerns, and discusses policy options for Congress. The purpose of this report is two-fold. First, it provides insight into important macroeconomic trends, policy reforms and objectives, key economic sectors, international trade patterns, and sources of foreign exchange. Secondly, in the context of U.S. economic sanctions imposed for national security and foreign policy reasons, it evaluates Iran's economic structure, strengths, and vulnerabilities.