| Western companies eye Iran's business potential. Iran may be about to emerge from decades of economic isolation -- at an absolutely terrible time for an oil-producing country. Years of painful economic sanctions by the West have ravaged Iran's economy, sending unemployment and inflation soaring.
Now there's a glimmer of hope for Iran. The historic nuclear deal with the U.S. and its allies paves the way for sanctions relief. If the agreement is ratified, Iran will be able to export oil to Western nations and generate badly-needed revenue. Here's the catch: Oil prices are tanking and may stay depressed for some time...............................................Full Article: Source
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