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Falling Oil Prices - Key to Negotiations with Iran

Thomas Friedman, The New York Times | October 31, 2008

The dramatic fall in oil prices could be the key to Iranian willingness to negotiate about their nuclear program. ++ Despite economic sanctions, Iran has managed to compensate for this financial hindrance via high oil prices, but current trends will intensify sanctions. ++ “30 percent inflation and 11 percent unemployment” will contribute to the oil price crisis – threatening Ahmadinejad's reelection. ++ “America needs to end the cold war with Iran” and an Obama administration, who is willing to negotiate, challenges the mullah regime.

 

 
Tags: | nuclear program | oil price | US | Iran |
 
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