A lot of questions into the actual effectiveness of these sanctions. The economic impact of U.S. sanctions against Iran is unclear and Iran has signed about $20 billion in energy contracts with foreign firms since 2003, said a U.S. audit report. “U.S. officials and experts report that U.S. sanctions have specific impacts on Iran; however, […]
War With Iran Getting Closer?
With the new sanctions imposed today it just might be: The Bush administration is imposing sweeping new sanctions against Iran’s defense ministry, its Revolutionary Guard Corps and a number of banks to punish them for purported support for terrorist organizations in Iraq and the Middle East, missile sales and nuclear activities, U.S. officials said Thursday. […]