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Tuesday, August 22, 2006

Iran Updates

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Iran is probably calculating that any move toward sanctions would start with modest steps, such as travel bans on officials or asset freezes, which it could tolerate because the country's coffers are brimming with petrodollars.

Washington says it wants a diplomatic solution to the standoff but has refused to rule out military action.

Diplomats close to the U.N. nuclear watchdog said its inspectors were recently denied access to an underground site under construction where Iran plans industrial- scale production of enriched uranium

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