Petroleum and Natural Gas - Visualizing Conflict Interest (sitios de interés)
Descripción del sitio
Exports--$78.69 billion (2010 est.): petroleum 80%Major export partners (2009)--China (16.58 %), Japan (11.9 %), India (10.54 %), South Korea (7.54 %), Turkey (4.63 %).
1970s Iran had achieved significant industrialization and economic modernization, largely helped by the growing worldwide demand for oil.recovery has proven elusive due to a combination of factors, including state interference in the economy and fluctuations in the global energy market.These conditions were worsened by the war with Iraq and the decline in world oil prices beginning in late 1985. After the Iran-Iraq war, Iran’s economic situation began to improve: GDP grew for two consecutive years, partly from an oil windfall in 1990,
Although Islam guarantees the right to private ownership, banks and some industries--including the petroleum, transportation, utilities, and mining sectors--were nationalized after the revolution. Under President Rafsanjani
High oil prices in recent years have allowed Iran to greatly increase its export earnings and amass over $70 billion in foreign exchange reserves.,