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international intrigue

Obama Approves Oil Sanctions to Squeeze Iran’s Oil Exports

WASHINGTON, DC - MARCH 06:  U.S. President Barack Obama speaks during a news conference in the Brady Press Briefing Room of the White House on March 6, 2012 in Washington, DC. President Obama held his first news conference of the year on Super Tuesday as his Republican rivals battled for votes in 10 states.  (Photo by Chip Somodevilla/Getty Images)

Between speeches in Vermont and Maine today, President Obama approved oil sanctions aimed at limiting Iran's oil exports. Obama announced the go-ahead on sanctions in a conference call today, after consulting with oil experts and deciding that there is enough crude oil in the world for western countries to rely less on Iran's oil supply. 

Obama had until today to decide on the sanctions as part of the major defense bill he passed in December.

This will all take us one big step closer to or farther from all-out war, depending on how you read it. Just in time for a relaxing, hopefully nuclear-free weekend.

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Photo: Chip Somodevilla/2012 Getty Images