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Iran could live with $5 oil - Ahmadinejad
23 Nov '08 | Personal Finance / News

... views of the IMF and economic analysts.Like other major crude exporters, Iran is facing declining revenue as global oil prices ... say Iran will almost certainly have to cut spending in the 2009/10 budget unless the price bounces back to $70 or more, posing a challenge for Ahmadinejad during an election ...
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