The Economic Consequences of Iranian Nukes

REPORT: Nuclear Iran would ‘double’ oil prices, cost millions of U.S. jobs
Mahmoud Ahmadinejad / AP

Oil prices “could double,” increasing the U.S. price of gasoline by up to $2.75, if Iran is permitted to obtain a nuclear weapon, according to a new economic analysis by a bipartisan team of current and former government officials.

The Clock is Ticking

Economic sanctions alone cannot cripple Iranian nuclear program, experts say
Iranian President Ahmadinejad / AP

The recent collapse of Iran’s currency has led foreign policy experts to caution President Barack Obama’s administration against declaring that economic sanctions are the key to ending Tehran’s clandestine nuclear arms program.

Bibi intensifies war of words with US over Iran ‘red line’

‘Wait for what?’
Benjamin Netanyahu / AP

With new evidence that Iran is on the cusp of finalizing a nuclear weapon, a pointed war of words between the U.S. and Israel escalated Tuesday, as Israeli Prime Minister Benjamin Netanyahu declared that the Jewish state will not wait for the Obama administration to sign off on a possible strike against Iran.

Iranian Nuke Progress Mounts

IAEA report reveals Iran nuclear progress unhindered by sanctions or international pressure
AP Images

A new United Nations nuclear watchdog report on Iran’s nuclear program reveals Tehran is moving ahead with illicit uranium enrichment work, undermining Obama administration claims that sanctions will slow the program.

Cyber War Goes Heavy Metal

New computer attack detected on Iran nuclear facility
AC/DC / AP

Computer systems at Iran’s nuclear facilities were attacked recently by a new worm that forced some workstations to randomly play the heavy metal rock song Thunderstruck, U.S. officials said.