Iran central banker: Lift sanctions or face spike in oil prices

Senator says U.S. policy should be to bankrupt Iran’s central bank

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Mr. Bahmani also claimed that the current financial sanctions against other Iranian banks have had “no effect” on the country’s cash flow.

“We are stronger than before,” he said of the Iranian economy.

However, Suzanne Maloney, an Iran specialist at the Washington-based Brookings Institution, reported that sanctions have taken a bite out of a nation already beset with a “wide range of economic problems.”

“Sanctions have raised the cost, time and inconvenience of almost all international transactions [for Iran],” she reported in February.

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About the Author

Ben Birnbaum

Ben Birnbaum is a reporter covering foreign affairs for The Washington Times. Prior to joining The Times, Birnbaum worked as a reporter-researcher at the New Republic. A Boston-area native, he graduated magna cum laude from Cornell University with a degree in government and psychology. He won multiple collegiate journalism awards for his articles and columns in the Cornell Daily Sun.

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