December 1, 2011 | NPR

All Things Considered

U.S. Weighs Sanctions Targeting Iran's Central Bank

“Our modeling shows that if only China was purchasing Iranian oil, they would be able to drive for discounts of about 39 percent on every barrel of Iranian oil,” says Mark Dubowitz, executive director of Foundation for the Defense of Democracies, a national security think tank. “You would essentially shrink oil revenue to Iran by about 39 percent without impacting global supply, if China was left as the sole buyer of Iranian oil.”

Listen to the interview here.


Iran Iran Sanctions