WASHINGTON - CBN News Terror Analyst Erick Stakelbeck just returned from the Middle East, where he spoke to Israeli government and military officials about the threat from Iran.

Click play for his insight, or read below.

"Iran continues it's march towards nuclear weapons, so what can be done?

"Let's start with Israel's options. A leading Israeli military official told me that all options are on the table, and that the Israeli military will be ready if called upon. He complained that the international community has not done enough to deter Iran--and an israeli government official I spoke to who deals with the Iranian nuke issue agreed.

"Israel would like to see comprehensive international sanctions against Iran and a series of benchmarks that would force Iran to give up its nuclear program.

"He told me "that the whole world is looking to the U.S. on this issue. So what leverage does the U.S. and the incoming Obama administration have? Russia and China have made it pretty clear that they won't back any serious sanctions against Iran. And the Iranians have made it clear that there are few--if any--incentives that would cause them to halt their nuclear work.

"So what's left? Outside of direct negotiations, the U.S. does have one possible option. although Iran produces a ton of oil, it doesn't have the capacity to refine that oil into gasoline and diesel fuel. In fact, Iran purchases nearly all of its gasoline from just five companies, four of them European. If the U.S. can convince these companies to cut off supplies to Iran, it could cause major economic and domestic problems for the Islamic regime.

"That may be the only way to get Iran to rethink it's drive for the bomb."