America’s Sanctions of Years Ago Haunt Europe and the World Today

America freewheels sanctions around the world with little appreciation of their fallout over time and space. The case in point are sanctions on Iran and the resulting limited access to oil and natural gas at an affordable price across the world. The United States appears to impose sanctions simply to harm the target country with little or no analysis of its impact on people, markets and other countries. Sanctions should be used sparingly and surgically as they not only affect the people of the target country and the United States but they also impact countries that have economic…