Conflict, competition, and containment will shape the contours of the MENA region in 2024 mei.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mei.edu Daily Mail and Mail on Sunday newspapers.
Iran’s combined oil and gas reserves are the largest of any country in the world. And yet the government has long failed to generate policies that would enable the country to benefit from its huge natural resources. Some of these shortcomings are international in nature, such as sanctions. Many others are rooted in poor macroeconomic policies and populist initiatives replacing competent and realistic policy choices. Given this reality, how well, or not, is Iran placed to be able to confront the global trend away from hydrocarbons in the coming decades?