Iran’s Oil Exports Set To Hit $100Bn in 2011, Despite Crippling Sanctions

alifarabia | August 14, 2011 | Oil, Slider | No Comments

With a string of impressive economic policies, Iran has ensured that it remains a major energy supplier, despite various restrictions imposed by the western international community.

But while Iran has benefited from high oil prices, lack of major investments in the country’s energy sector could hamper growth and continue to handicap the country’s economic prosperity. Add to this dynamic, is Tehran’s controversial nuclear programme and its divisive role in regional politics, which makes it a target for many countries around the region that are eager to hurt Iran’s economy. READ MORE HERE

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