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Could Iran Nuclear Talks Founder over Sanctions Relief?

President Barack Obama signed an executive order Tuesday that bars anyone who violates existing U.S. sanctions against Iran and Syria from gaining access to U.S. financial and commercial systems. Barbara Slavin and Laura Rozen analyze whether Iran will get the sanctions relief it is seeking from nuclear talks scheduled for later this month.
Iran's chief negotiator Saeed Jalili addresses a news conference after a meeting in Istanbul April 14, 2012. Jalili said progress was made during talks with six world powers on Saturday on Tehran's disputed nuclear programme and called for confidence-building measures when negotiations resume next month. REUTERS/Osman Orsal (TURKEY - Tags: POLITICS)

As Iran ponders whether to accept curbs on its nuclear program, it worries less about the possibility of foreign military attack than about the relentless onslaught of economic sanctions that are squeezing its oil-based economy.

U.S. and European officials have said that only tangible progress in the talks due to resume in Baghdad May 23 could convince them not to fully implement measures this summer that will bar Iran from selling oil to Europe and make it harder for Iran to receive payment from remaining customers.  

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