521. To Keep the Peace with Iran, Threaten to Strike
- Author:
- Michael Singh
- Publication Date:
- 03-2012
- Content Type:
- Journal Article
- Journal:
- The Washington Quarterly
- Institution:
- Center for Strategic and International Studies
- Abstract:
- While Iran's nuclear program has been on America's foreign policy agenda for the last twenty-plus years, one gets the unmistakable feeling that the issue is finally coming to a head. After several years of slowly ratcheting up sanctions while seeking to shield the Iranian people and their own economies from harm, the United States and the European Union have gone for the economic jugular by targeting Iranian oil exports. On December 31, 2011, President Obama signed into law sanctions, passed overwhelmingly by the U.S. Congress, that impose penalties on any foreign bank_including any central bank_that conducts petroleum transactions with Iran. The European Union took an even more dramatic step, imposing an embargo on the purchase of Iranian oil by its member states.
- Political Geography:
- United States, America, Europe, and Iran