Sunday 14 August 2011

Reserve Strength - Zawya

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.


Iran's energy exports are set to cross more than $100-billion this year for the first time and could well hit $150-billion by 2016-17 as the country strengthens its position as a key energy player in the world despite sanctions.

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