It's not easy to find a simple description of what the sanctions are exactly and what they mean, but I've found the following at Deutsche Welle. It's an earlier article but includes what the latest sanctions are as well.
https://www.dw.com/en/us-reimposes-sanctions-on-iran-what-does-that-mean/a-44967074
I'm not expert in how this sort of thing works, but wouldn't Iran now just move to deal in crypto-currency? That would seem to be a fairly obvious approach.
It is also likely to hand a considerable market to both China and Russia. Not a bright move this then, such sanctions will hurt the average Iranian but are unlikely to work as intended.
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