Saturday, November 26, 2011

WINEP: 'Israel's Closing Window to Strike Iran'

"... Israelis may therefore interpret the latest signs of hesitation - namely, the U.S. and IAEA failure to fully sanction the Central Bank of Iran - to mean that the clock has virtually run out. If so, this would break the deadlock among the Israeli political and military elite over whether sanctions obviate the need for military action. Sanctioning the Central Bank would have prohibited Iran from engaging in dollar-denominated transactions of any kind. Yet the Obama administration fears that such a move would rattle oil markets and already-fragile economies. U.S. officials have also said in the past that there is more time to stop Iran, whether out of trust in America's greater military capacity or a belief that sanctions will ultimately force Tehran to back down...."

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