Originally published on Tue July 3, 2012 7:17 am
Whether economic sanctions can force a government to change course is far from clear, but Iran should be a good test case.
A European Union embargo on Iranian oil took full effect this week, complementing U.S. measures that have grown much more severe in recent weeks. Other Western sanctions now in place target Iranian banks, foreign companies that provide shipping insurance for Iranian oil tankers, and foreign firms that invest in the Iranian oil industry.
Read more