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Snap-Back Fantasy on Iran
(Wall Street Journal) Editorial - President Obama likes to say that sanctions on Iran can be "snapped back" into place should Tehran violate any nuclear deal it might sign. At this year's World National Oil Companies Congress, held in London, briefings on Monday were devoted to exploring energy-industry opportunities in Iran after sanctions vanish. Chevron, Siemens, Australia's Woodside Energy and Singapore's Yug-Neftegaz were among the industry players at the briefings. "We think that the enthusiasm is there," said Elham Hassanzadeh, the main workshop presenter. "And the fact that the whole sanctions structure is weakened is true, because everybody's just ready that once it really crumbles to go back to the country and put down the money."