Why Iran Sanctions aren't Working
Last week’s report by the New York Times showed that the U.S. has approved business ties between American companies and Iran, under a 2000 law allowing agricultural and medical exemptions to sanctions. According to the report, this law was written so broadly that permissible aid has included chewing gum, soft drinks, and sports equipment. The full New York Times report can be read here.
In an article on FrontPageMag, Rich Truzpek discusses the strong affect sanctions could have in Iran if Western countries were truly serious about implementing and standing by them, while the article by the Investigative Project on Terrorism states that although sanctions against Iran have created friction within the country, they have yet to bring about a change in the regime’s nuclear goals.
Watch the exclusive clip from the interview files of Iranium to hear Rep. Shelley Berkley (D-NV, 1st district) explain why the Iran sanctions are not producing the intended results, and use UANI’s IBR to protest business relations between U.S. companies and the Iranian regime.
Iran Goes All In
By Rich Truzpek |
While Iran has a huge amount of crude oil reserves in its rich fields, its ability to tap those reserves is steadily declining. According to CSIS, Iran is losing between 400,000 barrels per day to 700,000 barrels per day in crude production as its oil fields mature. There’s still plenty of oil down there, but Iran lacks the technology to engage in the sort of enhanced oil recovery practices that more advanced nations use to coax stubborn crude out of the ground. Absent the assistance of the West, Russia or China, oil export revenues could soon disappear. According to the CSIS report:
A 2007 National Academy of Sciences study reports that if decline rates are allowed to continue, Iran’s exports, which in 2007 averaged 2.4 million bbl/d could decrease to zero by 2015. To offset natural decline rates, Iran’s oil fields require structural upgrades including enhanced oil recovery (EOR) efforts such as natural gas injection. |
Sanctions Hurting, but Not Yet Changing Iran
By IPT News |
Widespread banking and economic sanctions against Iran are drying up investments and fomenting internal discord, two top government officials testified before a congressional committee Wednesday. But they acknowledge that, so far, the restrictions have not had the desired effect of persuading the Islamic Republic to back off its ambitions for a nuclear weapon. |
Take Action! |
Use United Against Nuclear Iran’s (UANI) Iranian Business Registry (IBR) a running database of international business in Iran. Use the IBR to direct your purchase decisions, to contact domestic companies with business ties to Iran, and to write your elected officials about your concern on this issue. |
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IRANIUM Bonus Footage - Shelley Berkely
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