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Article: Iran may have no nukes, but it has plenty of oil and gas

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CCPA Monitor
Article date:
July 1, 2008
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Iran is a major oil producer and exporter-the fourth largest in the world. Its proven reserves of oil are the world's third largest, and those of natural gas rank second. These reserves have figured in previous conflicts with neighbours and world powers. Could they be involved in the current bellicosity towards Iran?

Iran occupies a strategic location in the Middle East. In size, it is bigger than Quebec. It stretches from the oil-rich Persian Gulf in the south to the oil-rich Caspian Sea in the north. It borders the Strait of Hormuz, through which about one-quarter of the world's oil passes by tanker every day.

Iran shares land borders with seven neighbours: Armenia, Azerbaijan and ...

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