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Looking to break Tehran's nuclear defiance, 25 US Senators on Tuesday unveiled legislation giving President Barack Obama unprecedented powers to punish firms that export gasoline to Iran.
"The new sanctions include everything up to and including prohibiting these entities from doing business in the United States," Democratic Senator Evan Bayh, one of the bill's lead authors, told a press conference.
The legislation looks to tighten the screws on the Islamic republic, which imports about 40 percent of its gasoline, by targeting firms that finance gasoline exports to Iran, or either ship or insure the exports.
Israeli President Shimon Peres says the best way to deter Iran from continuing its nuclear program is to threaten it with a 'nuclear response'.
He accused Iran of trying to develop nuclear weapons, saying that a conventional military attack could not halt Tehran's nuclear program.
"Simply attacking the nuclear facilities is not the be-all and end-all," Peres told Israel's Channel Ten on Wednesday.
"There are other options for the West, or the coalition that arises. The first thing is to tell the Iranians ... 'If you use a nuclear weapon -- no matter against whom -- you'll get a nuclear response," Reuters quoted Peres as saying.
Israel faces all-out war within 18 months if it does not come to terms with the Arab world and allow the establishment of a new Palestinian state with its capital in Jerusalem, according to Jordan’s King Abdullah II.
Originally posted by Vitchilo
Jordan: Israel Faces War If It Does not Agree to Arab Terms
Israel faces all-out war within 18 months if it does not come to terms with the Arab world and allow the establishment of a new Palestinian state with its capital in Jerusalem, according to Jordan’s King Abdullah II.
Isn't that interesting?