Sunday, January 11, 2015

Sanctions Cost $100 Billion in Oil Revenues

Secretary of Expediency Council Mohsen Rezaie said today that sanctions over the past three years caused $100 billion damage to Iranian oil revenues. He added that oil prices at $50 per barrel would cause another $100 billion loss in revenues over the next three years.

Rezaie made the comments in a groundbreaking ceremony for a petrochemical complex in Masjed Soleiman, Khuzestan, which will be built by the Chinese. (IRNA, 11 January)

File photo: Iran's oil export terminal at Kharq Island (Getty Images)


Anonymous said...

Maybe Mohsen should ask who is responsible for this economic suicide? He can start by asking his boss Khamenei.

Anonymous said...

if you quoting Tabnak, then must bring thisآثار-مثبت-کاهش-قیمت-جهانی-نفت-برای-مردم-ایران