New Team, Little Time On Iran, (Wall Street Journal)…Gerald F. Seib, Dec 2, 2008.
The foreign-policy team President-elect Barack Obama announced Monday is said to be experienced enough to “hit the ground running.” Good thing when it comes to Iran, as time is running short for the new crew to figure out what to do about a nuclear program that seems to have been slowed very little by international efforts to make Tehran play nice.
In private, Israeli officials are ever more blunt in saying they see time running out before Iran’s nuclear potential becomes a nuclear reality that threatens the Jewish state, among others. Once the Obama administration is in place next year, and a new Israeli government takes shape after February elections there, the questions about whether Israel is contemplating military action against Iran will only grow.
With the government of President Mahmoud Ahmadinejad already using price controls on food and energy to stabilize the domestic economy, falling oil prices figure to create lots of new pressures. By one estimate, the Iranian government needs $90-a-barrel oil for its government accounts to break even. The question, then, is when economic pressure might become so great that a nuclear program becomes counterproductive.
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