Rushing More "Sanctions" on Iran

SANCTIONS. DO. NOT. WORK. PERIOD.


From the NYT:

The Obama administration is scrambling to assemble a package of harsher economic sanctions against Iran over its nuclear program that could include a cutoff of investments to the country’s oil-and-gas industry and restrictions on many more Iranian banks than those currently blacklisted, senior administration officials said Sunday.

In pushing for more stringent sanctions, the administration wants to accomplish two potentially irreconcilable goals: forcing Iran back to negotiations over its nuclear program — which the United States and its Western allies suspect is meant to create a weapon — while at the same time winning the support of Russia and China, which are eager to preserve their significant economic ties to Iran.