Archive for August 3, 2012

Don’t attack Iran now, warns ex-IDF intel chief

August 3, 2012

Don’t attack Iran now, warns… JPost – Features – Week in review.

08/03/2012 03:17
Exclusive: Maj.-Gen. (res.) Aharon Ze’evi Farkash fears an attack on Iran’s nuclear weapons program may be imminent but would be premature and lack the necessary international legitimacy.

Bushehr nuclear power plant Photo: Reuters

Maj.-Gen. (res.) Aharon Ze’evi Farkash is worried.

So worried that he decided this week to break his longstanding silence on Iran and to share his concerns with the world.

As head of Military Intelligence from 2001 to 2006, Farkash is intimately familiar with Iran’s nuclear program and oversaw a large part of the intelligence work done in 2002 that led to the concrete evidence Israel had been looking for to prove that Iran was developing a nuclear weapon. He was later sent by prime minister Ariel Sharon on a number of diplomatic missions throughout Europe to present Israel’s smoking gun.

What prompted Farkash to speak out this week? A concern that an Israeli attack against Iran’s nuclear facilities could take place within the near future, a move that he says would be premature.

As a 40-year veteran of Israel’s intelligence service, Farkash bases his assessment on what he reads and hears between the lines in speeches given by the Israeli political leadership and primarily by Prime Minister Binyamin Netanyahu and Defense Minister Ehud Barak.

Israel, he explains, will likely not want to attack right before the US presidential elections on November 6.

“I think that within this window it is difficult to imagine that something will happen a month before elections,” he said.

Farkash added that from what he is reading and hearing a decision is not far off.

But, he warns, a strike against Iran’s nuclear facilities now would be wrong.

“The timing is not now since, even if it is successful, it will ruin the legitimacy that is needed,” he said, suggesting instead that Israel wait six to eight months or even until spring 2013 before deciding on such an attack.

One word that repeats itself throughout the interview with Farkash is “legitimacy,” a reference to the required diplomatic support Israel will need after a strike to ensure that the Iranians are not allowed to rebuild their facilities and race toward the bomb – something he believes they will definitely and immediately do.

“An attack is not a single strike and once it happens we are in a whole other world,” he said. “Iran will pull out of the Non-Proliferation Treaty, [Supreme Leader Ayatollah Ali] Khamenei and [President Mahmoud] Ahmadinejad will reunite and it will be clear that they need a bomb now so that we cannot attack them again.

This means that Israel will need legitimacy to be able to maintain the operation with more attacks within weeks, months and years after. Otherwise what did you do?” “Israel needs to know if it can, over time, ensure that the attack is maintained,” he added. “This is the key to success or failure.”

Another reason for Israel to hold off on attacking Iran, according to Farkash, is due to the enormous additional challenges that the country is currently facing.

“We are standing before five decisions on security… and we confront them all by ourselves at once,” he said.

These situations that must be dealt with include a possible attack against Iran, a possible attack to stop the proliferation of Syria’s chemical weapons arsenal, a growing terrorist threat in the Sinai Peninsula, a looming operation in the Gaza Strip to stop rocket attacks and the constant need to be prepared for a possible confrontation with Hezbollah and its 50,000 missiles.

While he is currently opposed to a strike against Iran, Farkash said he understood Netanyahu and Barak’s ultimate concern that Israel would be left alone to deal with the Iranian threat. He also praised the current government for its success in turning Iran into a global issue and making the world understand that with a nuclear weapon, the Islamic regime would be a threat to all countries and not just to Israel.

“The prime minister and the defense minister look at Syria, where more than 20,000 people have been killed and [President Bashar] Assad is massacring his people, and no one is doing anything,” he said. “The lesson they learn is that we need to take our fate in our hands; but for me this doesn’t have to mean an attack against Iran.”

He admits that the sanctions have not yet had the desired effect, as is demonstrated by Iran’s continued enrichment of uranium and the failure of the last three rounds of talks between Iran and the P5+1.

But, he adds, there is a process in play that should not be stopped, which includes Assad’s eventual downfall, the Muslim Brotherhood’s rise to power in Egypt, the European Union oil embargo on Iran, the removal of Iran from the SWIFT banking network and the new round of sanctions imposed this week by President Barack Obama.

“All of this tells me: let the process run its course and don’t break the legitimacy,” he said.

But what exactly is legitimacy? As an example, Farkash refers to the Second Lebanon War. “We had unbelievable operational freedom then because five times Hezbollah tried kidnapping soldiers and we were restrained,” he said.

Right now, he adds, European and Asian countries are paying a heavy price for agreeing to the sanctions and stopping to do business with Iran.

“If Israel attacks, we will find ourselves being asked why we attacked when the world was imposing tough economic sanctions and was paying for this and was hurting as a result,” he said.

But what about the argument made by Barak that if Israel waits too long Iran will enter the socalled immunity zone – with the fortification of its facilities and centrifuges – and Israel’s military option will no longer be viable? Farkash does not accept the “immunity zone” argument – he is not alone; the Pentagon has also dismissed it – but ultimately says that when the immunity zone is up against the question of legitimacy, legitimacy should take precedence.

“This window [of the immunity zone], which some leaders say is irreversible, either has passed or is not as significant as they are making it out to be and if I put it up against the question of legitimacy then legitimacy is more important,” he claimed.

In addition, Farkash added, the Iranians have not yet gotten to the breakout stage and are still enriching uranium to 20 percent and lower while military-grade uranium needs to be enriched to over 90%.

“The assessment is that we will know when they do this and therefore the significance is to not ruin the legitimacy,” he said.

“Israel without legitimacy will not be able to – over time – maintain the results of a successful attack.”

Farkash believes that what will ultimately stop Khamenei and Ahmadinejad is a feeling that the Islamic regime is facing an “existential threat” that endangers its future existence as the government of Iran.

This can be done by imposing more sanctions, by further isolating the Islamic regime and by making it clear that the military threat is real and capable. One way to do this is by the US sending four aircraft carriers to the Persian Gulf and by Israel holding civil defense exercises and long-range air force drills.

“They need to know that there is not just a glove but there is a fist behind it,” he said.

Iran Could Have Nuclear Weapons Within a Year

August 3, 2012

Iran Could Have Nuclear Weapons Within a Year – Middle East – News – Israel National News.

Dr. Ephraim Asculai says he doubts the sanctions on Iran will lead it to give up its nuclear weapons program.
By Elad Benari

First Publish: 8/3/2012, 1:15 AM

 

Iranian President Mahmoud Ahmadinejad

Iranian President Mahmoud Ahmadinejad
Flash 90

Dr. Ephraim Asculai, senior research fellow at the Institute for National Security Studies, said on Thursday that he doubts the sanctions being imposed on Iran will lead its leaders to give up the country’s nuclear weapons program. He predicted that Iran could have nuclear weapons within a year.

Dr. Asculai told Arutz Sheva that the sanctions imposed so far on Iran, whether by the UN Security Council or by the United States and other Western countries, have yet to have a real effect.

“We still do not see that the Iranians are willing to be flexible on critical matters, even though the West is willing to accept flexibility,” he said, adding that the Iranian stubbornness is motivated by its desire to produce nuclear weapons quickly.

Asculai also mentioned the Iranian national pride, saying, “Conceding to the West without getting something in return is out of the question for them. He added that in light of these two parameters “the sanctions are not severe enough.”

He also added that Iran’s ability to withstand the sanctions depends quite a bit on the internal politics in the country.

“While Iran’s economy depends on oil exports, as a huge country it has other capabilities as well. It produces food, etc. The question is how much the people are willing to suffer,” said Asculai, adding that with the religious rule in Iran it is doubtful the Iranian people will succeed in revolting.

As for the Iranian nuclear capability, Asculai predicted that the Iranians could produce a nuclear bomb within a year.

“Today they can achieve nuclear weapons,” he said. “They have all the skills and materials required. The question is how fast they can do it and how many bombs they can produce.”

On Wednesday, the United States Congress passed a new package of sanctions against Iran. The sanctions aim to punish banks, insurance companies and shippers that help Tehran sell its oil.

A day earlier, President Barack Obama announced U.S. sanctions against foreign banks that help Iran sell its oil, specifically citing China’s Bank of Kunlun and an Iraqi bank.

U.S. Secretary of Defense Leon Panetta visited Israel on Wednesday and assured Prime Minister Binyamin Netanyahu that America will prevent Iran from “ever acquiring a nuclear weapon.”

“I want to reassert again the position of the United States that with regards to Iran: We will not allow Iran to develop a nuclear weapon, period. We will not allow them to develop a nuclear weapon, and we will exert all options in the effort to ensure that that does not happen,” Panetta said during a joint press conference with Netanyahu.

Former Mossad chief Efraim Halevy warned on Thursday that Israel is likely to strike Iran’s nuclear facilities in a matter of weeks.

Speaking to the New York Times, Halevy said, “If I were an Iranian, I would be very fearful of the next 12 weeks.”

Syria says Turkey supports terrorism; death toll mounts as Aleppo battle rages

August 3, 2012

Syria says Turkey supports terrorism; death toll mounts as Aleppo battle rages.

President Bashar al-Assad has not spoken in public since the bombing in Damascus killed four of his close security aides, although he has appeared in recorded clips on television. (Reuters)

President Bashar al-Assad has not spoken in public since the bombing in Damascus killed four of his close security aides, although he has appeared in recorded clips on television. (Reuters)

Syria accused Turkey on Thursday of playing a “fundamental role” in supporting terrorism by opening its airport and border to al-Qaeda and other jihadists to carry out attacks inside Syria.

“The Turkish government has set up on its soil military offices where Israeli, American, Qatari and Saudi intelligence agencies direct the terrorists in their war on the Syrian people,” Syria’s foreign ministry said in a statement circulated on state television.

Once close allies, the two countries’ relationship quickly deteriorated as President Bashar al-Assad intensified a crackdown in a 17-month-old uprising against his rule.

As many as 94 people have been killed by the fire of Syrian forces across the country, Al Arabiya reported citing Syrian activists.

Turkish Prime Minister Tayyip Erdogan has called on Assad to leave and Ankara has set up a sprawling refugee camp along the border which houses thousands of Syrian refugees.

Several military officers have defected to Turkey and the nominal commander of the Free Syrian Army, a loosely coordinated group of insurgents fighting Assad’s forces, is also based there.

Damascus also accused France and the United States of sending rebels communications equipment. U.S. sources have said President Barack Obama signed a secret order authorizing U.S. support for rebels seeking to depose Assad.

Gulf sources told Reuters that Turkey had set up a secret base to direct vital military and communications aid to Syria’s rebels from the city of Adana near the border.

The statement said Turkey had used the camps as “military bases” for terrorists who then headed to Syria to commit crimes.

A Turkish foreign ministry spokesman said: “It is not the first unsupported claim coming from Syria. These speculative claims are not reflecting the truth.”

Mobile and Internet reportedly cut in Aleppo

Meanwhile, mobile phone and Internet services have been cut in Aleppo, Syria’s second city, where a crucial battle is taking place between rebels and the army, the Syrian Observatory for Human Rights said on Thursday.

“Mobile telecommunications services and Internet have been cut off in the city of Aleppo since last night,” it said.

An activist, who asked not to be identified, confirmed that the Internet, landlines and some mobile services were down in the northern city, Syria’s commercial hub.

“MTN is down while Syriatel is working. But Syriatel is working only for calls, not the 3G Internet service,” he said, referring to the only mobile providers in the country. “The landlines are also down.”

A Syrian security source in Damascus told AFP that such cuts are “generally the precursor to a major military offensive.”

The rebel Free Syrian Army has said it controls “50 percent” of Aleppo, where the army is bombarding rebel-held areas but has yet to advance on the ground.

The conflict in Aleppo has raged since July 20, with both sides sending in reinforcements for what the security source has predicted will be a protracted battle.

President Bashar al-Assad’s troops meanwhile bombarded the strategic Salaheddine district in Aleppo itself with tank and artillery fire while rebels tried to consolidate their hold on areas they have seized.

In the capital Damascus, troops overran a suburb on Wednesday and killed scores of people, mostly unarmed civilians, residents and activist organizations said.

Fighting rages

The fighting for Syria’s two biggest cities highlights the country’s rapid slide into full-scale civil war 17 months on from the peaceful street protests that marked the start of the anti-Assad uprising.

World powers have watched with mounting concern as diplomatic efforts to find a negotiated solution have faltered and violence that has already claimed an estimated 18,000 lives worsens.

More than 180 people were killed in Syria on Wednesday, 133 of them civilians and 45 of them members of Assad’s forces, according to the opposition Syrian Observatory.

Reuters correspondents heard heavy weapons fire on Thursday morning from Salaheddine in southwest Aleppo, a gateway to the city of 2.5 million people that has been fought over for the past week.

Heavily armed government troops are trying to drive a force of a few thousand rebel fighters from the city in battle whose outcome could be a turning point in the conflict.

Although government forces have made concerted efforts to take Salaheddine, a full-out assault on the city as a whole has yet to take place.

In Damascus, still a government stronghold but a scene of combat in the past two weeks, government troops faced new accusations of atrocities after they overran a suburb on Wednesday.

Syrian state television said “dozens of terrorists and mercenaries surrendered or were killed” when the army raided Jdeidet Artouz and its surrounding farmlands.

In a rallying cry to his troops on Wednesday, Assad said their battle against rebels would decide Syria’s fate.

But his call-to-arms, in a written statement, gave no clues to his whereabouts two weeks after a bomb attack on his inner circle.

Assad, who succeeded his late father Hafez 11 years ago to perpetuate the family’s rule of Syria, has not spoken in public since the bombing in Damascus killed four of his close security aides, although he has appeared in recorded clips on television.

His low public profile has fuelled speculation about his grip on power since the attack in which his brother-in-law died.

Some foreign fighters, including militant Islamists, have joined the battle against Assad, who accuses outside powers of financing and arming the insurgents.

Aleppo had long stayed aloof from the uprising but many of its 2.5 million residents are now caught up in battle zones, facing shortages of food, fuel, water and cooking gas. Thousands have fled and hospitals and makeshift clinics can barely cope with casualties after more than a week of combat.

In London, British Prime Minister David Cameron and Russian President Vladimir Putin were to discuss Syria on Thursday.

Britain has strongly criticized Moscow’s refusal to back U.N. Security Council action against the Damascus regime, and the Kremlin said Putin would staunchly defend Russia’s position on the crisis.

U.N. spokesman Martin Nesirky stressed on Wednesday that U.N. leader Ban Ki-moon wants united international pressure on both sides.

He said pressure should be brought to bear on “not just the Syrian government forces — who of course bear the lion’s share of the responsibility for what is happening — but also on the opposition forces, to ensure that they do heed the calls, that they do stop the fighting.”

On Friday, the U.N. General Assembly will vote on a largely symbolic Arab-drafted resolution calling on Assad to stand down.

The United Nations says that some 200,000 of the city’s estimated 2.7 million population have fled their homes, many of them taking refuge in schools and other public buildings.

Three million Syrians need food, crops and livestock assistance, the U.N.’s Food and Agriculture Organization said, citing a survey by the United Nations and the Syrian government.

The FAO said figure included 1.5 million Syrians who “need urgent and immediate food assistance over the next three to six months, especially in areas that have seen the greatest conflict and population displacement.”

Ahmadinejad’s new call for Israel’s annihilation is his most anti-Semitic assault to date, says ADL

August 3, 2012

Ahmadinejad’s new call for Israel’s annihilation is his most anti-Semitic assault to date, says ADL | The Times of Israel.

Iranian president says ‘a horrendous Zionist clan has been ruling world affairs’ for 400 years. Abe Foxman: He no longer tries to hide the fact that by ‘Zionists’ he means not Israelis, but Jews

August 2, 2012, 11:55 pm 17
Iranian President Mahmoud Ahmadinejad, right, speaks during a parade commemorating National Army Day in April (photo credit: Vahid Salemi/AP)

Iranian President Mahmoud Ahmadinejad, right, speaks during a parade commemorating National Army Day in April (photo credit: Vahid Salemi/AP)

Iranian President Mahmoud Ahmadinejad’s most recent call for the destruction of Israel represented his most comprehensively anti-Semitic speech ever, and is particularly “ominous” in light of Tehran’s continued quest for nuclear capability, the Anti-Defamation League (ADL) warned Thursday.

Addressing a group of ambassadors from Islamic countries earlier this week, Ahmadinejad said the “annihilation of the Zionist regime” is not just a Palestinian issue, but the “key for solving the world problems,” and he slammed US leaders for “kissing the feet of the Zionists.”

August 17′s annual Quds Day — Jerusalem Day — “is not merely a strategic solution for the Palestinian problem, as it is to be viewed as a key for solving the world problems,” Ahmadinejad was quoted as saying. “Any freedom lover and justice seeker in the world must do its best for the annihilation of the Zionist regime in order to pave the path for the establishment of justice and freedom in the world.”

“It has now been some 400 years that a horrendous Zionist clan has been ruling the major world affairs,” added Ahmadinejad, asserting that the Zionists are “behind the scenes of the major power circles, in political, media, monetary, and banking organizations in the world.”

The ADL noted in a statement Thursday that this speech differed from past anti-Semitic rants by the Iranian leader in that he no longer tried to hide the fact that by “Zionists” he does not mean Israelis, but Jews.

“In his bluntness, Ahmadinejad cuts through the false dichotomy of anti-Zionism and anti-Semitism when he uses the term ‘Zionist’ to describe alleged Jewish control of the world for 400 years,” said ADL director Abraham Foxman.

Foxman called the speech “Ahmadinejad’s most comprehensive anti-Semitic speech yet,” and added that while the message itself has been heard before, Ahmadinejad’s words had “more ominous overtones and should be taken seriously as the Iranian regime continues on its march toward a nuclear weapon.”

Ahmadinejad also made reference to Mitt Romney’s visit to Israel this week, saying that the influence of the Zionist regime is so profound that “the presidential election hopefuls must go kiss the feet of the Zionists to ensure their victory in the election…. If the people’s votes really counts in those countries, why then a candidate must go to kiss the feet of a clandestine Zionist minority, sacrificing the entire prestige, chanted mottoes, and values of their system before the Zionists, and justifying the entire criminal acts of that regime?”

Foxman said that Ahmadinejad’s remarks were “filled with anti-Semitism and expressions of contempt for Israel and its leaders.” He called them the “hallmark of the hate-filled and irrational nature of the Iranian regime.”

Israeli strike would only delay Iran’s nuclear program by two years

August 3, 2012

Israeli strike would only delay Iran’s nuclear program by two years – Israel News | Haaretz Daily Newspaper.

Assessment holds that Iran’s nuclear program would technically be set back by only a year, but it would likely take Iran another year on top of that to overcome side effects of the strike that would cause additional delays.

By Amos Harel

An Israeli strike on Iran’s nuclear facilities would delay its manufacture of nuclear weapons by no more than two years, according to the prevailing assessment.

 

This assessment holds that Iran’s nuclear program would technically be set back by only a year. But it would likely take Iran another year on top of that to overcome side effects of the strike that would cause additional delays.

 

The gap between Israel’s military capabilities and those of the United States, as well as the gap between the countries’ positions on the Iranian issue, were the focus of U.S. Defense Secretary Leon Panetta’s visit here this week. But even though Israeli leaders have insisted, both publicly and privately, that an attack on Iran is necessary, it seems that two factors are reducing the likelihood of an Israeli strike before the U.S. presidential election in November.

 

The first is the administration’s vehement opposition to such a strike at this time, in part because it might hurt President Barack Obama’s reelection bid by sending oil prices higher. The other is the opposition of Israel’s defense establishment: The top brass in both the Israel Defense Forces and the Mossad advise against attacking Iran before the elections, mainly out of fear that it would damage Israel’s strategic relationship with the United States.

 

Supporters of an attack – mainly Prime Minister Benjamin Netanyahu and Defense Minister Ehud Barak – fear that opponents are adopting a policy of “it’s too soon, it’s too soon … oops, it’s too late.” Or in other words, that the effort to postpone a strike by another three months is really meant to delay it until Israel can no longer attack at all. Once that happens, they fear, the international community would move to a policy of containing Iran – the very policy Obama promised not to adopt in his speech to the AIPAC conference in March.

 

Netanyahu and Barak argue that the longer a strike is delayed, the less effective it will be in delaying Iran’s attainment of nuclear capability. Even now, some of what could have been achieved two years ago has become harder or even impossible, and if Israel waits too long, an attack would no longer accomplish anything.

 

The Americans counter that if necessary, they can wage an incomparably more effective attack – but it isn’t necessary yet. And in any case, the prevailing assessment is that an Israeli strike would set Iran’s nuclear program back by a year or two at most.

 

There are, of course, some who think Netanyahu and Barak are merely waging psychological warfare – by repeatedly threatening to attack, they are spurring Europe and America to ratchet up sanctions on Iran, which in turn might drive the ayatollahs to accept a compromise that would restrain their nuclear development. Moreover, this theory goes, the focus on Iran frees Israel from international pressure over the Palestinian issue, while also diverting Israelis’ attention from economic and social grievances.

 

This theory can’t be rejected out of hand. Barak, in particular, is tough to decipher. As the late Finance Minister Simcha Erlich once told an interviewer, “I don’t say what I mean and I don’t mean what I say.” It’s often hard to follow the logic of Barak’s moves in the strategic billiards game he is playing on behalf of all of us.

 

But on the other hand, Barak has never been as clear and resolute as he now seems to be on the Iranian issue. He speaks as if out of a deep inner conviction.

 

Moreover, historic examples of other prime ministers, from David Ben-Gurion to Menachem Begin, are being trotted out regularly, and the message is clear: Only far-sighted leaders understand the magnitude of the danger and act accordingly, despite the obstacles put in their way by short-sighted colleagues. After all, Barak claims, experts also expected the Israeli strike on Iraq’s nuclear reactor in 1981 to set that country’s nuclear development back by only two years, but in the end, Iraq never managed to rebuild its nuclear weapons program.

 

And third, most defense professionals believe Netanyahu and Barak are serious – as do many in the media.

 

Yesterday, this debate even made the front page of The New York Times: The paper quoted former Mossad chief Efraim Halevy saying that if he were an Iranian, he’d be “very fearful of the next 12 weeks,” but also quoted Obama administration officials saying they believe Israel will accede to American urgings to delay an attack until at least early next year.

 

The trouble, however, is that this entire drama is also being watched by the Iranians. And based on the hard line they have taken in their negotiations with the Western powers over the last few months, in which they have not retreated by so much as a millimeter or displayed any willingness to compromise, it seems that Tehran, at least, doesn’t believe Israel will attack in the next few months.

Iran and World Powers to Hold More Nuclear Talks

August 3, 2012

Iran and World Powers to Hold More Nuclear Talks – Middle East – News – Israel National News.

Chief negotiators for the EU and Iran agree to hold more talks about Tehran’s nuclear work. Previous talks broke down.
By Elad Benari

First Publish: 8/3/2012, 4:46 AM

 

Catherine Ashton

Catherine Ashton
Reuters

Chief negotiators for the EU and Iran agreed on Thursday to hold more talks about Tehran’s nuclear work, Reuters reported, but the European Union gave no sign progress was imminent in the dispute.

Six world powers, represented by EU foreign policy chief Catherine Ashton, have sought to persuade Iran to scale back its nuclear program through intensifying economic sanctions and diplomacy.

They have failed to reach a breakthrough in three rounds of talks since April. Neither side has been willing to break off talks because of concerns, in part, that this could lead to a new war in the Middle East if Israel attacked Iran.

“I … have explored diplomatic ways to resolve international concerns about Iran’s nuclear program,” Ashton said in a statement quoted by Reuters, after a phone conversation with Iran’s chief negotiator Saeed Jalili.

“I impressed the need for Iran now to address the issues we have raised in order to build confidence. I proposed, and Dr. Jalili agreed, that we talk again after further reflection at the end of the month,” she added.

In June, talks in Moscow between Iran and the six – the United States, Russia, China, France, Germany and Britain – hit an impasse.

At the core of the discussions are Iranian efforts to enrich uranium to 20 percent fissile purity, an advance that would bring it close to acquiring weapons-grade material.

World powers are demanding that Tehran abandon such production, ship stockpiles out of the country and close an underground facility where high-grade enrichment takes place. Tehran has refused to meet the demands unless economic sanctions are lifted.

Last month, Iran accused the world powers of dragging their feet in negotiations over its nuclear activities.

Foreign ministry spokesman Ramin Mehmanparast asserted that if the powers ignored Iran’s nuclear “rights” and failed to bargain on equal terms, the negotiations could lead to an “impasse.”

“All that can reinforce the idea that there is a desire to drag out the negotiations or prevent their success,” he said, adding that “illogical, irresponsible” Western sanctions “amount to a hostile act against Iran and its national interests.”

Sanctions pressure increased this week when the U.S. Congress overwhelmingly passed a new package of sanctions against Iran that aims to punish banks, insurance companies and shippers that help Tehran sell its oil.

On Tuesday, President Barack Obama announced U.S. sanctions against foreign banks that help Iran sell its oil, specifically citing China’s Bank of Kunlun and an Iraqi bank.