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Executive Director
New Sanctions Target Iran Oil Sales
In a report, Mark Dubowitz, executive director at the Foundation for Defense of Democracies -- which is pushing for more Iran sanctions -- said the narrowing of Iranian oil-crude buyers would cut Iran's oil revenue by 7.8% to 8.5% if only Europe stops buying Iranian crude, while there would be a reduction of 37.7% to 41.5% if China is left as the only buyer.