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The Trade-Off Between Sanctions and Energy Security
The Islamic Revolutionary Guard Corps, or IRGC, has been designated by the US as a terrorist group. If you escalate any more than you are right now, "you're starting to risk energy supply and energy security," he says. But if you're calling for those types of sanctions, get ready for $200 barrel oil,. You can't blink when it goes 200 or 300. That's the sort of trade off we're talking about if that's where they want to go with sanctions.