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July 18, 2003       Share:    

Source: http://www.jcpa.org/brief/brief3-1.htm

U.S. Middle East Policy and Iran's Politico

(Institute for Contemporary Affairs/Jerusalem Center for Public Affairs) -Economic Development - Mordechai Abir Iran has enjoyed a substantial windfall from oil prices, which has more than matched its additional budgetary expenses and has enabled it to establish a special "fund for future generations." The attitude of the clerical regime was largely to be blamed for the steady decline in Iran's oil output from 6 million b/d in the late 1970s to 3.5 million b/d in 2002. Iran's Ministry of Petroleum is concerned that international oil companies will prefer to invest in the development of new pro-Western Iraq's resources rather than in restrictive, clergy-dominated Iran. As far as the Pentagon is concerned, there is hardly any difference between the radical Iranian clergy who control Iran's policy and President Muhammad Khatami's "so-called reformist government."

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