29 October 2014 - 11:01
  • News ID: 227816
Iran Petrodollars Cut by 30%

TEHRAN Oct 29 (Shana)--Iran’s President Hassan Rouhani has said that the country’s oil revenues have been slashed by 30 percent.

“The international conditions are such that the country’s main source of income, i.e. oil revenues, has been cut by some 30 percent,” Rouhani said.
 
“We have to deal with the new conditions and the global economic conditions. In the issue of oil, the economy has not been the sole important factor and international politics and plots have been also involved,” he added.
 
Rouhani said that the world is gripped by “insecurity and instability from North Africa to the Middle East.”
 
The Iranian president’s remarks come against the backdrop of falling oil prices in the world markets. 
News ID 227816

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