The risks of the implementation of the new laws include disruption to the energy markets, including a possible spike in oil prices, as well as potential geopolitical risks e.g. Iran has indicated it may take the signing into law of the sanctions against it as an act of war. The measures also have the potential to damage relations with other countries, which may serve to conflict with the original intention of isolating Iran. However US officials have noted: "Our intent is to implement this law in a timed and phased approach so that we avoid repercussions to the oil market and ensure that this damages Iran and not the rest of the world,". In addition the US president signaled reservations on several measures in the "National Defense Authorization Act for Fiscal Year 2012."
On Iran's economic stats, according to IMF figures, Iran's economy grew 3 percent in 2010, with inflation around 10 percent. Iran's central bank announced a series of interest rate measures to loosen monetary policy in early 2011. Iran's currency, the Iranian Rial (IRR), has weakened about 8% during 2011, and last traded around 11,160. Iran has significant oil reserves and according to the US Energy Information Administration "In 2010, Iran was the world's fourth largest producer and third largest consumer of natural gas."