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...Deputy Foreign Minister declined to comment on how Islamabad would react in the event of sanctions or tougher forms of pressure on Iran. Instead, Islamabad's focus remains on an "enhanced level of engagement" that can draw Iranian support for Pakistan's "energy, trade and communications" sectors. The new relationship with Iran has already seen a 28% rise in trade, according to Deputy Minister Khan, and with chronic shortages of electricity supply, Islamabad is eagerly awaiting the construction of a decades-old proposed Iran-Pakistan gas pipeline - plans for which remain doubtful...

Author: /time Magazine | Title: Iran Sanctions: Why Pakistan Won't Help | 9/14/2009 | See Source »

...Pakistan's weak civilian government also views Iranian influence as a potential foil to that of Saudi Arabia, which has stronger ties with the opposition. Government officials privately accuse the Saudis of being prejudiced toward Zardari because of his Shi'ite background. (Shi'ites are an embattled minority in Saudi Arabia, whose dominant Wahabi strand of Islam deems them heretics.) But Pakistan's response to Iran will ultimately be determined by the all-powerful military establishment. And, analysts say, the army is a great deal more wary of Iran's regional aspirations. "They are not really allies," says Christine Fair...

Author: /time Magazine | Title: Iran Sanctions: Why Pakistan Won't Help | 9/14/2009 | See Source »

...with Tehran's enemies. Already struggling with a militant campaign that has ravaged the northwest and the tribal areas and terrorized major cities, Pakistan, analysts say, can ill-afford a revival of sectarian violence that plagued the country during the 1980s, when Saudi-backed Sunni militant groups clashed with Iranian-backed Shi'ite ones as part of a regional proxy war. Says Ayesha Siddiqa, an independent security analyst: "It isn't just Iraq, Lebanon and Afghanistan where Iran can create trouble if it wants...

Author: /time Magazine | Title: Iran Sanctions: Why Pakistan Won't Help | 9/14/2009 | See Source »

Nearly every day, an ambulance comes to pick up one of the 12 Iranian hunger strikers camping out in front of the U.S. embassy in London. After a month and a half without food, some have suffered fainting spells, others vision loss or heart attacks. But the ambulance soon brings them back, because they refuse to be given IV drips. The strikers are relatives of Iranian dissidents living in a camp in central Iraq that was taken over by Iraqi police once U.S. troops had handed over control of the area. Their message to the U.S. is clear: protect their...

Author: /time Magazine | Title: Hunger Strikers Ask U.S. to Help Iranian Dissidents in Iraq | 9/12/2009 | See Source »

...according to Edward Morse, head of economic research at Lewis Capital Markets in New York. But in reality, some OPEC leaders simply ignore their quotas, because they need every penny they can earn from oil. Among the bad boys: Venezuelan President Hugo Chávez and Iranian President Mahmoud Ahmadinejad, whose oil revenues offset the impact from Western sanctions and help finance their vote-getting social programs. Angolan officials this month told OPEC they needed an exemption from their quota of 1.5 million bbl. a day, since companies like Chevron and Total have invested billions in drilling off Angola...

Author: /time Magazine | Title: Oil Prices Stabilize; Can OPEC Keep Them That Way? | 9/11/2009 | See Source »

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