Both the United States and the European Union have expressed interest in constraining Iran’s nuclear program—but negotiations are fraught with risk, and require a willing partner in Tehran in order to achieve real progress. With the signing of the 2015 Joint Comprehensive Plan of Action (JCPOA), Iran agreed to suspend its nuclear …
Read More »Iran Plans More Nuclear Reactors Despite Serious Hurdles
Iran’s recently stated plan to build four more nuclear power reactors has raised questions about its feasibility as the country wrestles with economic crisis and isolation. According to early estimates, work has started in the southern region with a five-thousand-megawatt total capacity in mind. With 4,000 employment prospects and an estimated …
Read More »Cheaper Russian oil is the scourge of cheap Iranian oil
Iran’s oil sales have risen under the Biden administration, but if the Ukraine crisis and Iran’s current policy in the nuclear talks continue, the US could tighten conditions for selling Iranian oil. Russia’s invasion of Ukraine has disrupted global oil trade and has given Iran the opportunity to increase exports to China, …
Read More »Iran’s second nuclear power plant: A dream or a reality?
Development of electricity generation capacities in nuclear power plants is a goal of Ebrahim Raisi, and the Darkhovin site is one, in this regard, to be able to compensate for Iran’s electricity shortage. Despite its vast oil and gas resources, Iran has not been able to play a significant role in the …
Read More »Iran’s Nuclear Program Might Not Be Worth the Cost
Iran’s economy, which is heavily dependent on oil exports, has not been able to benefit from oil exports in recent years due to U.S. sanctions, the country’s foreign exchange earnings have declined. In spite of this, the Iranian government has tried to provide the necessary financial resources for the …
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