Word: iranian
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...Iran has other options. For one thing, gas-guzzling Iran could cut its consumption. As any visitor can testify, driving across Tehran can take hours in clogged traffic, which barely eases up at night. That's because Iran's regime, keen to keep voters happy, heavily subsidizes gas. Iranians are entitled to 26 gal. (100 L) of fuel a month at 38 cents per gal. (about 10 cents per L) - a tiny fraction of what it costs in the U.S. or Europe. If the U.S. blocked imports of refined gas, Tehran could simply ease its subsidies while pointing to Washington...
...smuggling. Ahmadinejad could - perhaps easily - boost his gas supplies by cracking down on rampant smuggling. About 10.6 million gal. (40 million L) of gas are smuggled out of the country daily to neighboring countries like Azerbaijan, Afghanistan and Turkey, where it is sold at higher prices, according to Iranian officials. "In some border regions, smugglers are using underground pipelines up to the frontiers," the ministry's director of economic affairs, Mohammed Reza Farzin, told an Iranian newspaper last week, explaining the difficulties of stopping the smuggling networks. (Read "Power to Chaos - Tracking Iran's Four-Month Slide...
...million fine on Britain's Lloyds TSB Bank for funneling money from Iran and Sudan into U.S. institutions. "The U.S. Treasury Department has been encouraging major firms to be cautious in their dealings with Iran," says Fitzpatrick. "They are informally advising them not to be investing in the Iranian oil and gas sector...
...develop nuclear-energy infrastructure as a party to the Nuclear Non-Proliferation Treaty. But on Sept. 28, Tehran also test-fired a medium-range missile capable of reaching Israel and U.S. military bases in the gulf, underscoring its threat to retaliate for any attack on its nuclear facilities. And Iranian officials have insisted that they will not even negotiate over Iran's "nuclear rights...
...Iranian rockers are uniting for freedom...