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Amid the rhetoric, however, Larijani offered another sign of Irans discomfort with its economic situation and that of Syria amid a halving of the global oil price since June: This time we will not forget which countries made conspiracies.
The fall in the price from almost $120/barrel to about $60/barrel has added to the pressure on an Iranian economy facing sanctions, rising unemployment, a shaky currency, and the prospect of revived inflation. There is uncertainty over how the Government will fund its proposed 2015/16 budget, even though it has already dropped the assumed oil price from $100/barrel to $72/barrel.
Irans economic difficulties have posed a question mark over its continuing assistance to the Assad regime. Last week, Prime Minister Wael al-Halqi asked Tehran to renew its aid when the current $3.6 billion line of credit is exhausted in 2015.
Larijani made no reference to that request after his meetings with President Assad, al-Halqi, and Syrian Speaker of Parliament Mohammad Jihad al-Laham. Instead, he linked the oil conspiracy to an Israel conspiracy: Many countries that are now giving lip service and claim fight against the Zionist regime, were keeping silent during the 33-day war [the 2006 Israel-Lebanon War] and some of them even supported the Israelis.
Earlier, Iranian officials including President Rouhani began a verbal assault against Saudi Arabia over the oil price. The Saudis have refused to countenance a cut in output by OPEC during and after the meeting of oil-producing nations in late November
By EA WorldView
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