Economics
‘Massive’ Blockade Needed to Stop Iran Threat, Steinitz Says
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A “massive” aerial and naval blockade of Iran, reminiscent of the 1962 U.S. quarantine of Cuba, is needed to stop the Islamic regime from pursuing nuclear weapons, Israeli Finance Minister Yuval Steinitz said.
The European Union’s ban on imports of Iranian crude and other economic sanctions “might not be sufficient” to deter Iran’s nuclear ambitions, Steinitz, 53, said today in an interview at Bloomberg’s headquarters in New York.