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The shock will have serious implications for job creation and development, the analysis indicates.Attacks on energy infrastructure and shipping disruptions in the Strait of Hormuz, which handles about 35% of global seaborne crude oil trade, have...

Unfortunately, the new sanctions are unlikely to be any more effective than the first two rounds. Consider the two earlier Security Council resolutions. The December 2006 resolution curbed international assistance to Iran in mastering the nuclear...