Report: Iran oil revenues drop 45 percent in 9 months because of sanctions on nuclear program

A senior lawmaker says Iran's revenues from oil and gas exports have dropped by 45 percent because of sanctions over its suspect nuclear program. Full Story

“It's Time to Defeat Terrorism ”

Since: May 11

NYC

#1 Jan 7, 2013
Undoubtedly, the drop in Iranian e=revenues from gas and oil are mostly due to US gas drilling on private lands that Obama was not able yet to stop. Iran enjoy the Obama ban on drilling in US lands and water under Obama's rule and thanks to Obama love of the Iranian regime, America continue to send more than half trillion dollars to buy oil from OPEC that includes the Iranian regime and other enemies of America. Obama is nominating Chuck Hagel to become the new Secretary of Defense when Hagel is known as pacifist and pro-Iranian and Hezbollah terrorists and Israel hater who does not like sanction on Iran. Evidently, Obama desire to reverse the effect of the sanction and US gas drilling on the Iranian failed economy that is used to produce WMDs and nukes against the civilized world.

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