Thursday, June 7, 2012

The Next Step

Debkafile has a story outlining what their sources tell them will be the next step in the war of nerves with Iran:
U.S. President Barack Obama has again persuaded Israeli Prime Minister Binyamin Netanyahu to hold off attacking Iran’s nuclear program in the coming months by promising a new set of severe sanctions against Iran. U.S. administration officials assured debkafile’s Washington sources that Israel’s leaders were won over by the Obama administration’s promise to ratchet up U.S. and Europe sanctions against Iran if the next round of negotiations with the six world powers in less than two weeks gets bogged down again.

These are the new sanctions hanging over Iran as reported by our sources:
  • On July 1, the Europeans will activate the embargo that left pending on Iranian oil exports and banks.
  • In the fall, the US administration will bring out its most potent economic weapon: an embargo on aircraft and sea vessels visiting Iranian ports. Any national airline or international aircraft touching down in Iran will be barred from US and West European airports. The same rule will apply to private and government-owned vessels, including oil tankers. Calling in at an Iranian port will automatically exclude them from entry to a US or European harbor.
This sanction would clamp down an air and naval siege on the Islamic Republic without a shot being fired.
If the U.S. imposes this embargo they wouldn't need to confront ships or aircraft heading to or from Iran. They'd simply deny these craft any future access to sea and air ports in the U.S. and Europe. The result, hopefully, would be that no one will want to trade with Iran if it means loss of access to American and European markets.

Let's hope that some of these measures convince Iran to back off their plan to build nuclear weapons. I'm not optimistic that they will, but I do applaud the administration for trying everything it can before it sends in the bombers.

Debkafile has more on this story at the link.