March 7, 2012

Pressure Iran Without Raising Oil Prices

Bremmer & Kupchan, Financial Times

AP Photo

Benjamin Netanyahu’s meeting with President Barack Obama on Monday went as well as could be hoped. The Israeli prime minister stressed his oft-repeated desire for the US to establish “red lines” for Iran, but avoided any appearance of a disconnect with Washington. Mr Obama promised that the US would watch Israel’s back and continue to deploy the latest tool in its diplomatic arsenal: financial sanctions, in this case powerful disincentives to importing Iranian oil. So we are unlikely to see an Israeli military strike soon, as Mr Netanyahu seems willing to give sanctions time to work.

Read Full Article ››

TAGGED: oil, Iran


February 26, 2012
Why Gas Prices Are Surging in the U.S.
Joe Weisenthal, Business Insider
Whenever the discussion turns to gas and oil, logic tends to die, and people start coming up with all kinds of bizarre explanations for what's going on -- explanations such as the Bernanke's money printing, Obama's domestic... more ››
February 23, 2012
The War With Europe over Alberta's Oil
Lawrence Herman, Globe & Mail
Will there really be a trade war with the European Union over imports of Canadian fuel from the oil sands? more ››
February 29, 2012
Why Americans Should Love Canadian Oil
Stephen Kelly, Globe and Mail
Since there's no better way to Americans' hearts than through their pocketbooks, showing them how Canadian crude eases their pain at the pump would also showcase the more important news flash – we get a lot of oil from... more ››
Evidence obtained by the IAEA indicates that the Iranian revolutionary regime probably first made a decision to build nuclear weapons in the mid-to-late 1980s. According to information received by the IAEA and included in its... more ››
February 23, 2012
Israel and U.S. Tangle over a Common Enemy
Heller & Spetalnick, Reuters
Ever since their first awkward encounter - a hastily arranged meeting in a custodian's office at a Washington airport in 2007 - Iran has been one of the few issues on which Barack Obama and Benjamin Netanyahu have been able to... more ››