Analysts Warn of Cost of Iranian Sanctions

Friday, 6 April 2012

Sanctions on the Iranian energy sector are affecting gasoline prices and a sanctions opponent said it's unfair for U.S. leaders not to inform the public. ... Bill Reinsch, president of sanctions opponent National Foreign Trade Council, told the Monitor it's unfair for political leaders not to relay that information the public.

"It's a legitimate argument to say the benefits of the aim of these sanctions, convincing Iran not to build nuclear weapons, outweigh the economic costs," he said. "What is not acceptable is to pretend there are no costs, or to ignore them."

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