March 6, 2012 | Quote
America and the Middle East: An Explosive Mix
Mark Dubowitz, executive director of the Washington-based Foundation for Defense of Democracies, who helped write the latest sanctions bill, admits that there is a risk oil prices could rise even further. “If the sanctions are done right, it should not disrupt the market too much,” he says, with Saudi Arabia and others providing additional supply to compensate for lost Iranian exports. “But it needs to be done properly. The sanctions need to be implemented in the right way.”