Ahmadinejad Claims Iran Can Survive Two To Three Years Under Oil Sanctions

The European Union and US sanctions against Iran, intended to limit its oil exports and put the nation under economic pressure, will soon take full effect. They have been established in an attempt to force the cessation of uranium enrichment which the West fears is aimed at developing nuclear weapons; although Iran protests that their intentions are peaceful. The International Energy Agency (IEA) has recently stated that the wide-ranging sanctions against Iran could its oil exports by as much as 1 million barrels per day (40% of total production).…

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