Iran's financial woes

[kleinma]

Thanks for the excellent article. It doesn't explain why Iran is not investing in their oil production however.

It makes sense to argue that Iran needs nuclear power because their oil is running out or some other unavoidable situation. But it doesn't make sense to say that Iran needs nuclear power because thay aren't investing in their oil production capabilities.....

Unless they cannot afford to do both, so they are opting to go down the nuclear power route to cover their domestic power demands, which in turn means that more oil will be available to export in the future. Maybe they are simply taking the hit now, for a pay back in the future.

Well ya can't make a bomb out of oil like you can out of nuclear material can you