March 20, 2015

How a Nuclear Deal With Iran Could Affect Gas Prices

Featuring: Elizabeth Rosenberg, and Ilan Goldenberg

Source: Boston Globe

Journalist: Justine Hofherr

Iran has been developing nuclear technology for years, with Iranian officials saying the program is for national prestige, scientific research, and power plants. For just as long, the U.S. and its allies have been skeptical, worrying that Iran is trying to develop the technology necessary to build a nuclear bomb.

To curb Iran’s nuclear ambitions, the U.S. began enforcing economic sanctions that nearly halved Iran’s oil exports from 2012 to 2014, according to U.S. Treasury officials, but the country has still refused to suspend its nuclear research and development. Though there’s no indication that Iran has actually developed a nuclear bomb, the Obama administration and five other world powers would like to reach an agreement with Iran by the end of March that would ease economic sanctions, provided Iran hugely restrict its nuclear program.

Read the full article in Boston Globe.

Authors

  • Elizabeth Rosenberg

    Former Senior Fellow and Director, Energy, Economics and Security Program

    Elizabeth Rosenberg is a former Senior Fellow and Director of the Energy, Economics, and Security Program at the Center for a New American Security. In this capacity, she publ...

  • Ilan Goldenberg

    Former Senior Fellow and Director, Middle East Security Program

    Ilan Goldenberg is the former Senior Fellow and Director of the Middle East Security Program at the Center for a New American Security. He is a foreign policy and defense expe...