The renewed focus on sanctions over Iran's nuclear program comes as concerns have subsided that an Israeli military strike against Iran's nuclear facilities is imminent.
Western powers are planning another turn of the sanctions screw over Iran’s nuclear program even as the deployment Wednesday of riot police in Tehran’s streets suggests that existing sanctions against Iran are having a significant impact on its economy.
Following recent US steps to fill the holes of the sanctions already in place, European Union foreign ministers will meet this month with the goal of implementing another round of measures aimed at pressuring the regime.
“Our hope is to announce a new set of sanctions at the meeting on Oct. 15,” says a senior European official in Washington. “We know the existing [EU] sanctions are really hurting,” the official says, adding that the focus now is to “bring the Iranian economy to its knees – in a way that really hurts the regime more than the Iranian people.”
The renewed focus on sanctions to constrain Iran to change course in its nuclear program comes as concerns have subsided that an Israeli military strike against Iran’s nuclear facilities is imminent.