« Sexual predator on the loose! | Main | Previously Unseen Footage of JFK in Dallas Released »

The Russian Collection Agents Come Calling on Iran

Last month I wrote a post about a news article reporting that Saudi Arabia may be forcing down oil prices in an effort hurt Iran and its nuclear program. I wrote that I hoped it was true because Russia and North Korea will only help Iran with its nuclear program as long as Iran continues to pay the bills. Well, it seems Iran can't pay the bills, so Russia isn't so enthusiastic about helping Iran.

Russian officials have warned work on an Iranian nuclear plant may be delayed because Iran is late with payments.


Under the Bushehr deal, Russia would have started fuel shipments by March, launched the plant in September and begun to generate electricity by November.

Russia's Federal Nuclear Power Agency spokesman Sergey Novikov said the "launch schedule definitely could be affected" by the delay in payments.

One unnamed Russian official told Associated Press Iran was blaming "technical reasons" for the delay. Iran has not commented officially.

And Bill Arkin calls our troops mercenaries?

Others blogging:

Captain Ed
Bill Faith

Comments (6)

There's a great series of a... (Below threshold)

There's a great series of articles today in the wall street journal, about Iran's declining oil exports, increasing energy usage, and how it all may spell big trouble in the next 10 years.

Iran is just a couple of re... (Below threshold)

Iran is just a couple of refinery fires away from a revolution.

We should blow up a Iranian... (Below threshold)

We should blow up a Iranian refinery, well, or pipeline everytime we find evidence of anything Iranian being used against us in Iraq.

I was under the impression ... (Below threshold)

I was under the impression that Iran had few, if any refineries of their own. The produce and export oil, but import gasoline and diesel.

One could argue that the dr... (Below threshold)

One could argue that the drastic rise and subsequent rapid fall in oil prices produced an excellent scenario to weaken the Iranian government.

The rise allowed the Iranian government to become emboldened and extend itself financially. The rapid fall could now serve to undermine their ability to service that new debt; thus, Iran now finds itself overextended.

I should add to the above..... (Below threshold)

I should add to the above..

All of which would not have been possible without the initial jump in oil prices.






Follow Wizbang

Follow Wizbang on FacebookFollow Wizbang on TwitterSubscribe to Wizbang feedWizbang Mobile


Send e-mail tips to us:

[email protected]

Fresh Links


Section Editor: Maggie Whitton

Editors: Jay Tea, Lorie Byrd, Kim Priestap, DJ Drummond, Michael Laprarie, Baron Von Ottomatic, Shawn Mallow, Rick, Dan Karipides, Michael Avitablile, Charlie Quidnunc, Steve Schippert

Emeritus: Paul, Mary Katherine Ham, Jim Addison, Alexander K. McClure, Cassy Fiano, Bill Jempty, John Stansbury, Rob Port

In Memorium: HughS

All original content copyright © 2003-2010 by Wizbang®, LLC. All rights reserved. Wizbang® is a registered service mark.

Powered by Movable Type Pro 4.361

Hosting by ServInt

Ratings on this site are powered by the Ajax Ratings Pro plugin for Movable Type.

Search on this site is powered by the FastSearch plugin for Movable Type.

Blogrolls on this site are powered by the MT-Blogroll.

Temporary site design is based on Cutline and Cutline for MT. Graphics by Apothegm Designs.

Author Login

Terms Of Service

DCMA Compliance Notice

Privacy Policy