“Foreign Policy”: The U.S. has lost $ 500 billion due to sanctions against Iran

“Foreign Policy”: The U.S. has lost $ 500 billion due to sanctions against Iran
# 22 February 2013 08:03 (UTC +04:00)

Baku. Konul Jafarli –APA. As a result of the sanctions against Iran, the U.S. economy has lost $ 500 billion in the last 30 years, writes the Foreign Policy magazine, APA reports quoting IRIB. The article says that more oil sanctions against Iran would not produce different results and every new sanction would hit the U.S. economy: “Even if sanctions produce results, the U.S. allies and Greece that is in a difficult economic situation will be affected first of all. The complete refusal of Iranian oil will lead to a sharp rise of oil prices in the world market.”

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