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March 18, 2009
Hard Times
...couldn't happen to a nicer group of folks.
Iran is being forced to divert funds from other sectors of its national budget to support its oil industry — its main revenue source — because of the low price of crude, the nation's oil minister said Thursday.Oil production is the main source of Iran's income, and Oil Minister Gholam Hossein Nozari's comments revealed an extra burden on the country ahead of key elections in which popular dissatisfaction with falling living standards is expected to play a large role.
Posted by tree hugging sister at March 18, 2009 08:31 AM