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You Can Run, But You Can't Hide from Iran Sanctions

(Wall Street Journal) Richard Goldberg and Behnam Ben Taleblu - If Iran deal supporters are pegging their hopes on Russia, China and India conspiring to violate U.S. sanctions on Iran, they're going to be sorely disappointed. Given the current strength of the U.S. dollar and the deterrent power of secondary sanctions, no legitimate actor will want to use a payment channel that cannot do business in dollars and subjects all participants to a total cutoff from the U.S. financial system. Mr. Goldberg is a senior adviser at the Foundation for Defense of Democracies, where Mr. Taleblu is a research fellow.
2018-08-29 00:00:00
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