Financial sanctions and oil embargoes imposed since December 2011 by the United States and European Union respectively have tightened the economic pressure on Iran and, along with United Nations Security Council sanctions imposed in June 2010, could yet deal a knock-out blow to the country's development of long-range ballistic missiles.

Financial sanctions and oil embargoes imposed since December 2011 by the United States and European Union respectively have tightened the economic pressure on Iran and, along with United Nations Security Council sanctions imposed in June 2010, could yet deal a knock-out blow to the country's development of long-range ballistic missiles.

There is mounting evidence to suggest that, whereas the sanctions regime has not prevented Tehran from operating an increased number of centrifuges for uranium-enrichment activities or adding to its stockpile of fissile material, it has stymied efforts to develop and produce the long-range ballistic missiles capable of striking potential targets in western Europe and beyond. If sanctions continue to disrupt Tehran's access to the key propellant ingredients and components needed to produce large solid-propellant rocket motors, Iranian attempts to develop and field long-range ballistic missiles could be significantly impeded, if not halted altogether.

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