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(Financial Times-UK) Robert McNally - Iran's stance at the recent Moscow talks shows that the current sanctions are too weak. As Iran's defiance continues, the time has come to increase pressure on Tehran. The U.S. and allies should implement a quarantine-and-release strategy that severs Iran's oil exports and offsets the loss of supply with higher Saudi production and strategic stock draws. The time for intrusive sanctions has arrived. Tehran should face an ultimatum with a short timeline: comply fully with all UN Security Council resolutions on its nuclear program or the U.S., EU and any like-minded countries will use all means necessary to halt Iran's international commerce, excepting humanitarian goods and food. The writer was senior director for international energy on the U.S. National Security Council under George W. Bush. 2012-06-28 00:00:00Full Article
Time to Tighten the Noose on Iran
(Financial Times-UK) Robert McNally - Iran's stance at the recent Moscow talks shows that the current sanctions are too weak. As Iran's defiance continues, the time has come to increase pressure on Tehran. The U.S. and allies should implement a quarantine-and-release strategy that severs Iran's oil exports and offsets the loss of supply with higher Saudi production and strategic stock draws. The time for intrusive sanctions has arrived. Tehran should face an ultimatum with a short timeline: comply fully with all UN Security Council resolutions on its nuclear program or the U.S., EU and any like-minded countries will use all means necessary to halt Iran's international commerce, excepting humanitarian goods and food. The writer was senior director for international energy on the U.S. National Security Council under George W. Bush. 2012-06-28 00:00:00Full Article
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