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Global Business

To Prevent a Wider War in the Middle East, Choke Off Iran’s Oil Sales

Through its proxies, Iran is making aggressive moves against Israel and the U.S. Yale SOM’s Jeffrey Sonnenfeld and Steven Tian write that the U.S. has an option for effective deterrence: cutting off Iran’s oil revenue by strengthening sanctions and imposing a price cap.

A series of oil pipelines, with oil tanks in the distance