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By Ted Cruz
Israel saves its enemies; Hamas endangers its friends
Topic - Juan Zarate
The Obama administration claims it can use economic sanctions to punish Russian aggression in Eastern Europe, but the strategy has quickly run into problems, say analysts, who note that too aggressive a move by the White House could result in blowback on major American companies with close ties to the Russian economy.
China will become the world's largest importer of crude oil in October, surpassing the U.S. for the first time as the Asian giant's rising consumer class of drivers grows increasingly thirsty for fuel, the U.S. Energy Information Administration is projecting.
As Russian authorities sift through the wreckage of the Moscow airport attack, the world's attention will be drawn to the Muslim separatists who experts suspect carried out the Monday bombing.
"I'm talking to enough folks in the private sector to know that folks are worried, or at least trying to figure it out," said Juan Zarate, a former top Treasury Department official now with the Center for Strategic International Studies.
"There is a wide swath of U.S. companies that have significant investment in Russia," he said, and the pursuit of more biting sanctions will require Washington to strike a "difficult balance."