As UN Security Council members mull sanctions against Tehran, experts say such a move, even with climbing oil prices, could deal a devastating blow to Iran’s economy.

The Arab world is watching nuclear developments in Iran closely. The outcome could disrupt the Middle East’s balance of power or, worse, provoke a regional nuclear arms race.

This publication is now archived. IntroductionAs the international standoff over Iran’s nuclear program intensifies, U.S. officials have struggled to find solutions. Although it looks increasingly li…