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Iranian oil industry

U.S. Middle East Policy and Iran’s Politico-Economic Development

U.S. Middle East Policy and Iran’s Politico-Economic Development

July 15, 2003 | 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." 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."