Us or them?
We can buy oil on the world market, what will they eat when their only export is oil? How long can they survive w/o oil profits?
Interesting you should mention oil profits....
Iran exports more than 337 million tons of minerals
Posted on Al Bawaba: 07-02-2006 , 10:15 GMT
Iran exported more than 337 million tons of minerals in the first 10 months of the current Iranian year (started March 21), the Iran Customs Administration reported Monday. According to IRNA, the figure is 43.4 percent higher compared with the figure in the same period last year, it said.
Each ton of minerals had an average value of US$ 72, say 22 percent lower than the value reported in the same period last year.
Minerals, in the country's total non-oil exports, captured a 4.6 percent share during the said period which is 0.3 percent higher compared to that of the same period in the previous year, it added.
Iran's proven mineral reserves have been estimated at 27 billion tons and there are 3,800 mines throughout the country, it added.
There are currently over 3,000 mines in operation and some 70,000 people employed in the mining industry, it said.
AND
Iran food exports hit US$ 270.75 million
Postedm on Al Bawaba: 16-02-2006 , 14:23 GMT
Iran's Customs Administration reported on Wednesday that US$ 270.75 million of food stuffs were exported since the outset of the current Iranian year (started March 21). The figure is 46.5 percent higher than the same period last year, it added, according to Irna.
Chocolate, soft drinks, mineral waters, fruit juice and tomato paste boasted the highest share in the food stuff exports, the report added.
Major share of food stuffs were exported to Pakistan, Iraq, Afghanistan, UAE, Tajikistan, Turkmenistan, Azerbaijan Republic and Russia, the report has indicated.
Iran's non-oil exports are expected to surpass US$8.5 billion by the end of the current Iranian calendar year (March 20, 2006). The volume of goods exported in the current year shows a 24 percent rise compared to the previous year.
Some US$ 6 billion in non-oil commodities have been exported to different countries since the start of the current Iranian year.
© 2006 Mena Report (www.menareport.com)
I saw an oil analyst a couple weeks ago say that Iran would go bankrupt before we used all the oil in our SPR.