Time is Running Out for Iran, Secretary of State Hillary Clinton

Secretary of State Hillary Clinton

Speaking in Riyadh, Saudi Arabia, Secretary of State Hillary Clinton had made it abundantly clear that the time for diplomacy to work to resolve the dispute over Iran's nuclear program has come. She stated that talks attempting to prevent Tehran from acquiring nuclear weapons would resume in mid-April.

Talks will resume in Istanbul, Turkey on April 13. Clinton says that "Iran's window of opportunity for a peaceful resolution will not remain open forever". A successful meeting will likely be the only way to prevent a U.S. or Israeli military strike of their nuclear facilities.

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Obama Ok's New Sanctions Against Iran

President Barack Obama

It is being reported that President Barack Obama is going forward with a series of new sanctions aimed at squeezing Iran's oil exports. The President only decided to pursue additional sanctions after it was determined that their is a sufficient supply of oil on the world market to not harm the U.S. and it's allies.

The United States will implement new sanctions that penalize foreign banks that continue to purchase oil from Iran. This action also aims to further isolate Iran's central bank which makes virtually all of the payments made for oil purchased on the open market.

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