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October 29, 2014       Share:    

Source: http://www.nytimes.com/2014/10/29/world/middleeast/iranians-hope-for-nuclear-deal-with-west-to-kick-start-economy.html

Economic Pain Looms Large for Iranians in Nuclear Negotiations

(New York Times) Thomas Erdbrink - With the deadline of Nov. 24 fast approaching for a deal to limit Iran's nuclear program, American and European officials say they think they have some new leverage: falling oil prices that are adding to Iran's pain at a time when its oil revenue has dropped by more than half because of sanctions. With oil prices projected to fall even further, the oil-dependent government of Iran faces growing pressure to settle the nuclear standoff.

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