Iran Oil Revenue Quickly Drying Up, Analysis Says
Associated Press
Tuesday, December 26, 2006
Iran is suffering a staggering decline in revenue from its oil exports, and if the trend continues income could virtually disappear by 2015, according to an analysis published yesterday in a journal of the National Academy of Sciences.
Iran's economic woes could make the country unstable and vulnerable, with its oil industry crippled, Roger Stern, an economic geographer at Johns Hopkins University, said in the report and in an interview.
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