Advertise here

Comments 2 Pending 0

Sort comments:


""The International Energy Agency, a Paris-based organization that studies world energy markets, reported recently that Iraqi oil production, which already exceeds that of Iran, will top 6 million barrels a day by 2020 and eight million barrels in 2035, making it the world’s second largest oil exporter after Saudi Arabia. Countries such as China, which had been major purchasers of Iranian crude, are turning increasingly to Iraq..."

The growing economic pressures on Iran could have important political and strategic ramifications.

While it is possible that Iran will continue its pursuit of a nuclear weapons capability — a development that the National Intelligence Council said would be profoundly destabilizing – the report said that under a second scenario, “growing economic pressure from its public” could lead to a change in the Iranian regime due to “elite infighting and mass demonstrations. Under this scenario in which Tehran focused more on economic modernization, a more pro-Western, democratic Iran — and a more stable region — would emerge.”

Read more: