25 November, 2013

A Gamble in Iran Talks - Easing of the Sanctions - NYTimes.com

A Gamble in Iran Talks - Easing of the Sanctions - NYTimes.com: There are arguments about what all the initial sanctions relief would add up to. The Obama administration has estimated that relief at $7 billion to $10 billion. That is far less than the $30 billion or so Iran will lose over the same period in forgone oil exports, prohibited by sanctions that will remain in place until a broader deal is struck.