Skip To Content
JEWISH. INDEPENDENT. NONPROFIT.
Breaking News

Panetta: Iran Sanctions Starting To Bite

On the eve of his visit to Israel, Defense Secretary Leon Panetta said that though tough international sanctions have not yet caused Iran to drop its nuclear ambitions, they would eventually persuade the regime to “do what’s right.”

Speaking in Tunisia on Monday, Panetta said that the sanctions have caused significant damage to Iran’s economy, according to the Associated Press.

“These sanctions are having a serious impact in terms of the economy in Iran,” he told reporters, according to the AP. “And while the results of that may not be obvious at the moment, the fact is that they have expressed a willingness to negotiate and they continue to seem interested in trying to find a diplomatic solution.”

As Iran’s alleged quest for a nuclear weapon continues, Israel’s leadership has raised the possibility of striking Iran’s nuclear facilities, a move that the Obama Administration has argued is premature at this point. The administration has, however, repeatedly declared that “all options” are on the table.

Panetta will meet with Israeli leaders on Wednesday.

Also on Monday, members of the Senate and House of Representatives agreed on a bill to further reduce Iranian oil revenues.

How to deal with Iran’s nuclear program has been a central foreign policy issue of the presidential campaign.

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning journalism this Passover.

In this age of misinformation, our work is needed like never before. We report on the news that matters most to American Jews, driven by truth, not ideology.

At a time when newsrooms are closing or cutting back, the Forward has removed its paywall. That means for the first time in our 126-year history, Forward journalism is free to everyone, everywhere. With an ongoing war, rising antisemitism, and a flood of disinformation that may affect the upcoming election, we believe that free and open access to Jewish journalism is imperative.

Readers like you make it all possible. Right now, we’re in the middle of our Passover Pledge Drive and we still need 300 people to step up and make a gift to sustain our trustworthy, independent journalism.

Make a gift of any size and become a Forward member today. You’ll support our mission to tell the American Jewish story fully and fairly. 

— Rachel Fishman Feddersen, Publisher and CEO

Join our mission to tell the Jewish story fully and fairly.

Only 300 more gifts needed by April 30

Republish This Story

Please read before republishing

We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines. You must credit the Forward, retain our pixel and preserve our canonical link in Google search.  See our full guidelines for more information, and this guide for detail about canonical URLs.

To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.