SENATE PASSES SANCTIONS THAT MAY BENEFIT IRAN

"... the Senate unanimously passed legislation to force the President to impose sanctions on countries and companies that do business with Iran’s central bank or purchase Iranian oil... “The irony of this amendment is…there’s absolutely a risk that in fact the price of oil would go up, which means that Iran would in fact have more money to fuel its nuclear ambitions, not less, ” Undersecretary of State Wendy Sherman told the Senate Foreign Relations Committee... it could increase the cost of gas and threaten economies in Europe and Asia... (and) has the potential to actually increase revenues to Iran..."
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