U.S. Reportedly Preparing to Slap Iran With Additional Sanctions
- Posted on November 19, 2011 at 2:47pm by
Madeleine Morgenstern
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The United States is reportedly preparing to hit Iran with additional sanctions following a report that Iran appeared to be working on designing an atomic bomb and may be carrying out related testing and research.
Sources told Reuters Friday the U.S. plans to sanction Iran’s petrochemical industry and is likely to get other countries on board as well.
Reuters reported:
The sources, who said the sanctions could be unveiled as early as Monday, said the Washington wanted to find a way to bar foreign companies from aiding Iran’s petrochemical industry with the threat of depriving them access to the U.S. market.
While European nations typically resent “extra-territorial” U.S. sanctions on their companies, the sources, who spoke on condition of anonymity, said in this case the Europeans would likely follow suit, though not immediately.
White House press secretary Jay Carney had previously said the U.S. would be increasing pressure on Iran to cease its nuclear weapon ambitions, though did not provide details. The White House has not commented on the latest sanction reports.
On Saturday, the brother of an Iranian Revolutionary Guard commander killed during an explosion at a weapons depot last week told state media the commander had been testing an intercontinental missile.
The U.S. approved sanctions last year that targeted Iran’s energy and banking sectors, and now going after the country’s financial sector appears to be a possibility, according to Reuters:
The sources said there had also been discussion of sanctions on the Iranian financial sector, possibly by limiting certain transactions through the Iranian central bank, but not through a blanket effort to cut it off entirely.
While U.S. officials last week said the idea of cutting off the Iranian central bank entirely was off the table for now, several sources said there had been consideration of more limited measures.
Israel has ramped up talk in recent weeks about a possible strike against Iran’s nuclear weapons program, with Israeli Defense Minister Ehud Barak saying they would not “take any option off the table.”
Secretary of Defense Leon Panetta planned to warn Barak on Friday that a military strike against Iran’s nuclear infrastructure could have serious economic consequences, Fox News reported.
But according to Fox, Joint Chiefs Chairman Gen. Martin Dempsey said a military option is not out of the question.
“I don’t choose to talk about our discussions with our Israeli partners, but I will tell you we are on a dual-track approach, economic and diplomatic, with never taking the military option off the table. And I think that’s the right place to be,” Dempsey said.
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Comments (85)
Living In NYC
Posted on November 19, 2011 at 4:39pmOh my geez…is the inept manchild prez going send a nasty email to Iran with something like:
“Please stop you nuke program..or, or, or or, dah, dah…..I will take your carrotts away”
Oh boy that really scares his Muslim friends!
Report Post »IronSights
Posted on November 19, 2011 at 4:55pmNaw, just cut off the importation of pork, pornography, bibles, that sort of thing. It will cripple Iran.
Report Post »The10thAmendment
Posted on November 19, 2011 at 5:05pmIran is really scared NOW I’ll tell ya! I wonder if Hillary will personally deliver the “Bad Boy” down letter from Barry to his cousin Machmood Isanutjob on OFFICIAL 24# stationary quality paper?
Isanutjob must be having heart palpitations now for sure!
Report Post »Jinglebob
Posted on November 19, 2011 at 5:14pmIf Iran doesn’ stop it this minute BO will send them a very stern letter.
Report Post »avenger
Posted on November 19, 2011 at 5:35pmwhoopie..I can hardly wait… another apology..
Report Post »Snowleopard {gallery of cat folks}
Posted on November 19, 2011 at 6:31pmThis is like when the UN threatened more sanctions on N Korea, and delivered them with a “strongly worded letter…” and nothing else. Little wonder why the darkness in the world laughs at the US anymore?
Report Post »brickmoon
Posted on November 19, 2011 at 6:37pmSo! You think you are strong because you can survive the soft cushions. Well, we shall see. Biggles! Put her… in the Comfy Chair!
Report Post »smackdown33
Posted on November 20, 2011 at 12:34amBeating the drums of war with Iran, for the benefit of Israel. Just like Iraq.
Report Post »Polwatcher
Posted on November 20, 2011 at 6:00amOMG! Obummer is going to get tough with Iran.
Report Post »Choctaw25
Posted on November 20, 2011 at 8:04amLet us never forget fellow Americans (at least I hope so), our other fellow Americans voted this leftist, liberal manchild into office and they are poised and ready to do it again.
Report Post »They knew he was a pawn for the socialist liberals in America, they were told, but they did not listen. They are still being told everyday, the facts are out there-easily available, but they continue to support him and his buddies of evil.
No matter how bad it gets, they will never listen, they are the same as domestic abuse victims, they will keep taking him back, until we are all dead.
MARK MY WORD, READ MY LIPS, etc, etc.
Depressed_American
Posted on November 19, 2011 at 4:36pmSanctions did not work with Iraq, and sanctions will not work with Iran. Only the citizens suffer from these sanctions. I am not a War Mungor, but Sanctions only allow Iran to devlop its nukes. Sanctions only work if the other members of the world support theme………
Report Post »RossPoldark
Posted on November 19, 2011 at 10:08pmNuke them, before they nuke us. It was long in coming!
Report Post »BubbaT
Posted on November 19, 2011 at 4:28pmOHHHH NOOOOOES say it ain’t so more sanctions MY GOD WHATS THIS WORLD COMING TO???? Whatever will the UN think?
The sky is now falling.
Report Post »jakartaman
Posted on November 19, 2011 at 4:23pmWell its about time Barry wrote a nasty letter to the UN about Iran!!!
Report Post »I am sure all this sanction stuff is going to persuade a radical fanatical religious zealot to stop making a nuke>
Good luck with that Barry.
Not a question of if only when —- Boom
Jake Dog2
Posted on November 19, 2011 at 3:58pmSanctions more sanctions. Well they have worked so well why not more. What a bunch of bull pucky. An attach against Iran would cause economic problem for us. What!!!! A nuck down our throat would not??
Report Post »Thurston Bell
Posted on November 19, 2011 at 3:58pmOoops!
Non-Headline Here.
Perhaps unless this explains oil jumping to $100@brl because 60% of US consumed oil comes from Iran.
Hm.
Report Post »Choctaw25
Posted on November 20, 2011 at 8:28amI think one of our biggest suppliers is Canada, you know, our woosey neighbors to the north, who have slant drilling rigs, that suck the oil out of America’s side of the border, pump it into barrels & pipelines and sell it back to us at an inflated price and Congress does nothing about it, because they don’t want oil rigs on American soil.
Report Post »Does anyone remember why the Dept. of Energy was formed over 40 years ago; to get us off foreign imported oil. But then the leftist liberal enviro-nazis took over and our dependence has grown every year. Sending good paying jobs to other countries.
How do you feel about the Nobama regime giving Brazil hundreds of millions of dollars to drill for oil in the Atlantic Ocean, so they can sell it too us. No Oil rigs in American waters, so we don’t see a repeat of the Gulf spill. In case most of us don’t know it, the Atlantic Ocean that is off of Brazil, is not the same Atlantic Ocean that is off our Eastern seaboard and the ocean currents off Brazil, would never affect our Ocean, even if it was the same Atlantic Ocean. My grandson said his teacher told them, that it was not the same ocean, so don’t worry.
Does anyone appreciate the FACT, that mother nature naturally seeps more oil into the oceans, everyday, than all the last 10 oil spills, COMBINED.
Shame on you Mother Nature, you will be receiving a very bad scolding from Barry and his crowd very shortly, so be prepared to suffer the wrath of the liberals.
Cat
Posted on November 19, 2011 at 3:46pmTake that … bad Iran … bad Iran
Report Post »NoRoomForSocialismHere
Posted on November 19, 2011 at 3:56pmYeah day is scared now, run IRAN, the big bad Bammy after you now, help me, help me. Though a Marxist I thought Bari loved his Muslims in the fight against America
Report Post »Secessionista
Posted on November 19, 2011 at 3:40pmIt’s about time, but remember, gasoline prices are going to go a LOT higher, because we and much of the world are now coming out of recession/depression. The stimulated demand will not relent until the price of gasoline mitigates the rebound out of recession. At the same time, the stimulus package after-effects will continue to reverbrate and finally come home to roost. We have not seen much inflation yet, but it is coming. Gasoline could easily be 5 dollars or more per gallon by the summer.
Report Post »copatriots
Posted on November 19, 2011 at 3:51pmWe are already seeing inflation. But how do you think we are coming out of this recession? We are spiraling at warp speed into a depression.
Report Post »AhLeahIris
Posted on November 19, 2011 at 3:53pmThat’s a problem. We will start out of the recession, again, but fuel prices will choke it down again, rinse and repeat. This has been a constant cycle since 2008: http://wp.me/p1HGwx-rX
Report Post »lukerw
Posted on November 19, 2011 at 4:11pmWe are Predators; We Consume! — The things that we make, or can reproduce, we can replace… but things uniquely of Nature will always become scarce and more valuable!
Report Post »garyM
Posted on November 19, 2011 at 3:37pmRemember the last inauguration, we invited the Muslims, first time ever?
Report Post »garyM
Posted on November 19, 2011 at 3:35pmMaybe we should send a prayer group over to Iran to pray in Jesus name, they got a group of Muslims praying on Wall Street for us to give all Muslims in our country diplomatic immunity! Something seems one way about this picture!
Report Post »Slowman101
Posted on November 19, 2011 at 3:32pmIsrael has a right to defend itself, and should. Our president will do nothing to back Israel, he is a useless moron. All sanctions will do is prolong the inevitable. Hit them now and get it over with.
Report Post »drbage
Posted on November 19, 2011 at 3:37pmUnilateral sanctions are about as useful as teets on a bull. We sanction while the “re-set” Russia and China sign new trade agreements with Iran. Weren’t those our friends from Pakistan and North Korea seen instructing the Iranis in Qom?
Report Post »Erabin
Posted on November 19, 2011 at 4:36pm“Israel has a right to defend itself, and should.”
Same for Iran, really. They’re insane, but not more insane than Israel and not insane enough to use nuclear weapons in a first strike.
Report Post »KidCharlemagne
Posted on November 19, 2011 at 5:26pmHow long do you think the American economy would last if gasoline suddenly went to $10 or $11 per gallon?
I read some conjecture by some crude oil analysts last week that are saying that the world price of crude oil would rise nearly 25% in just the first few hours of an attack on Iran and that the price of crude oil could wind up at $275 to $300 per barrel.
A sudden, sharp increase in the price of gasoline by several dollars per gallon would be just like an instant and dramatic tax increase.
If you think there’s a lot of unemployment now, then you ain‘t seen nothin’ yet if that happens.
Report Post »crackerone
Posted on November 19, 2011 at 3:32pmRelease the hounds!!
Report Post »momrules
Posted on November 19, 2011 at 3:31pmThis is just another reason that Israel will go it alone.All hell is going to break loose soon.
Report Post »garyM
Posted on November 19, 2011 at 3:30pmI’m sure glad we got Israel to watch over the world and take care of the nuts!
Report Post »garyM
Posted on November 19, 2011 at 3:27pmSecretary of Defense Leon Panetta planned to warn Barak on Friday that a military strike against Iran’s nuclear infrastructure could have serious economic consequences,
Report Post »__________________________________________________________________________________
Now I know you worked for Slick Willie Leon but do you not think that not striking Iran’s nuclear infrastructure could have serious consequences of every nature for Israel and the US?
vinnymac46
Posted on November 19, 2011 at 3:26pmWe took away the “keys”, we took away the “gasoline”, we took away the “tires”, but yet Iran still finds a way to drive their Muslim craziness right up our asses!!!! And we’re supposed to have smart people working for us…
Report Post »searching for the Truth
Posted on November 19, 2011 at 3:25pmMaybe we could challenge them to a game of ” Battleship.”
Report Post »garyM
Posted on November 19, 2011 at 3:23pmSanctions!!!!!!!!I guess this means the Chinese, Russian and Lybian trade will be up importing to Iran! I guess we can watch and if they do send anything to Iran we can tell them not to do it again or maybe we will even put sanctions on them too huh! I think it’s time to sanction the whole Islamic world! If they are not with us, there are against us! Oh I forgot, wrong president!
Report Post »lukerw
Posted on November 19, 2011 at 3:18pmOoo… Sanctions… Scarry!
Report Post »gwssacredcause
Posted on November 19, 2011 at 3:17pmOur “leaders” continue to look like the weaklings they are. Israel, China, Russia and Iran all know this from our “diplomats” actions. Please bow some more Mr. President and lower this time!
Report Post »PATRIOT
Posted on November 19, 2011 at 3:13pmwell … if they really want a nuke i would say give them one but lest it be said that we are selfish perhapse two would be in order.
Report Post »Erabin
Posted on November 19, 2011 at 4:33pmGiving them two to defend themselves instead of dropping them would go a long way to stabilize the region. See how fast Israel’s saber-rattling would stop if someone else had a nuke.
MAD, buddy. Learn to love it. The great equalizer.
Report Post »showmerancher
Posted on November 19, 2011 at 3:12pmOh boy, sanctions on Iran. Where we are today is a result of the effectiveness of the 1996 Iran-Libya Sanctions Act, which was put in place to solve this exact same problem. (Libya was added to the sanctions at the last minute because the Pan Am 103 bombing occurred.)
Obama has made some major blunders which have moved the potential for a diplomatic resolution of the situation further away rather than closer, including pushing us to this stand-off. Any sanctions now with any real ‘bite’ will probably be avoided, else we risk Iran simply closing the Straits of Hormuz which would ignite military action since a third of the world’s oil flows through those straits.
I’d hate to be an attack-sub commander in the Gulf of Oman right now; there must be a virtual traffic jam with missile subs from the U.S., Russia, China and Israel in the area.
Report Post »copatriots
Posted on November 19, 2011 at 3:06pmLOLOLOL ROFLOLOLOLOL
Give me a break! Has Iran ever once cared about sanctions? That is about as meaningful as when we would threaten weapons inspections to Saddam Hussein.
Report Post »someonewhocares
Posted on November 19, 2011 at 3:09pmWill they finally do something? Probably not.
http://politicalbowl.com – Political Videos
Report Post »ShyLow
Posted on November 19, 2011 at 3:18pmSanctions do not hurt the leadership of these countries…They still live like kings,and the good people of the country suffer…Quit hurting the good people of Iran
Report Post »garyM
Posted on November 19, 2011 at 3:01pmWhy did they not do it long ago? DUH!
Report Post »Countrygirl1362
Posted on November 19, 2011 at 2:57pmWatch out, Obama is going to make them go to time out for being naughty.
Report Post »YepImaConservative
Posted on November 19, 2011 at 3:05pmYeah, that‘l teach ’em to mess around with Obama the bowing apologist.
Report Post »sissykatz
Posted on November 19, 2011 at 3:09pmCountrygirl
You are right… That is too funny. I think we should just put Israel in
Report Post »charge and let them bomb the facilities, Obama is going to fart around
and let them get the things built and kill us.
Our Military has done enough to make some people THINK Obama look
like he knows something about Foreign affairs. But you could tell from the
length of time it took him to try and help Libya he doesn’t know anything.
Killing Bin laden all he had to do was answer Yes or no when the Military
had everything ready to go. Then the Left tried to make him look like
“RAMBO” for saying YES go in and do it. He is completely inept.
GumRock
Posted on November 19, 2011 at 5:41pmHahaha Yea !
Report Post »look’s Like the “Stern Finger Shaking” didn’t work so well.