SMRs and AMRs

Tuesday, January 17, 2012

Iran Face-Off Testing Obama the Candidate

By MARK LANDLER
NYT

WASHINGTON — The escalating American confrontation with Iran poses a major new political threat to President Obama as he heads into his campaign for re-election, presenting him with choices that could harm either the economic recovery or his image as a firm leader.

Sanctions against Iran’s oil exports that the president signed into law on New Year’s Eve started a fateful clock ticking. In late June, when the campaign is in full swing, Mr. Obama will have to decide whether to take action against countries, including some staunch allies, if they continue to buy Iranian oil through its central bank.

After fierce lobbying by the White House, which opposed this hardening in the sanctions that have been its main tool in pressuring Tehran, Congress agreed to modify the legislation to give Mr. Obama leeway to delay action if he concludes the clampdown would disrupt the oil market. He may also invoke a waiver to exempt any country from sanctions based on national security considerations.

But using either of those escape hatches could open the president to charges that he is weak on Iran, which is viewed by Western powers as determined to achieve a nuclear weapons capability and which has drawn a tough response from Europe as well.

(More here.)

1 Comments:

Blogger Minnesota Central said...

Hmmm .... will President Obama determine his waiver decision based on last night's FOX News debate ?

Moderator Bret Baier : "Since the Islamist-oriented party took over in Turkey, the murder rate of women has increased, press freedom has declined, and the country has “embraced Hamas and threatened military action against Israel.
Mr. Baier then asked Gov. Rick Perry (R-TX) if “Turkey still belongs in NATO.” “Obviously when you have a country that is being ruled by what many would perceive to be Islamic terrorists, when you start seeing that type of activity against their own citizens, then, yes,” Perry replied.

Turkey gets about 30 percent of its oil from Iran, and Tupras - Turkey's biggest crude oil importer, owned by its largest conglomerate, Koc Holding - is a big buyer of Iranian crude.

It was reported earlier this month that Turkey will ask for a waiver.

6:10 AM  

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