Containment Is Coming

Two reports today strengthen the argument of those who suspect that sanctions on Iran are too little, too late, and that they are simply another stall for the Obami —  who are slow-walking toward containment. First, we learn that foreign investors are continuing to bolster the Iranian economy:

Forty-one foreign companies had some form of commercial activity in Iran’s energy sector over the past five years, despite American laws that could prompt U.S. sanctions against such firms, according to U.S. government auditors.

The report, to be released Thursday by the Government Accountability Office, found that some of the companies are headquartered in some of the U.S.’s closest allies, including Japan and South Korea. A similar GAO study conducted three years ago found half as many companies involved in Iran’s energy sector.

The GAO doesn’t say whether the companies are violating U.S. law but it’s obvious that, to date, we’ve been spectacularly unsuccessful in squeezing Iran. (“The report is likely to add fuel to arguments made by congressional critics that the U.S. isn’t doing enough to punish companies doing business with Tehran.”) Will new international sanctions be any more successful in isolating the regime? Highly unlikely, especially since the most exacting (e.g., restricting sales of refined petroleum) ones are not even under consideration.

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Containment Is Coming

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