"Congress's point of view is that we may be running a risk that this will increase the price of oil but that compared to [the risk of ] Israeli or U.S. military strikes on Iran or a nuclear-armed Iran, the oil market impact of these sanctions will pale in comparison," says Mark Dubowitz, executive director of the Foundation for the Defense of Democracies.
Energy analyst Daniel Yergin, chairman of IHS Cambridge Energy Research Associates, says there are no easy answers.
"There are only trade-offs, and many of the trade-offs are difficult ones," Yergin says.
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Filed under: * Economics, Politics Energy, Natural Resources Foreign Relations Politics in General House of Representatives Office of the President President Barack Obama Senate * International News & Commentary Europe Middle East Iran
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