@TheStalwart@JavierBlas I believe this is because oil market participants as a group have converged on the current price as the best estimate for the net present value of future cash flows.
I don’t think they would have mismanaged their water crisis so severely if they had plenty of money to spare. Nor would the rial have depreciated so much over the last 15 years.
Their domestic mismanagement shows resources were quite scarce and that they prioritized IRGC/proxy capabilities over other pressing needs.
@dilanesper In the case of the JCPOA, the proceeds from sanctions relief allowed the IRGC to significantly increase its funding of proxies and ballistic missile development. That arguably left us worse off than before.
@dilanesper It wasn’t just Likud that disliked the JCPOA. A significant portion of the Israeli electorate felt betrayed by it. The irony for Likud critics is that the JCPOA is probably the main reason Likud has been able to maintain nearly uninterrupted power since then.
@GM6603 @danishacarterr The person in the quoted post hasn’t expressed a word of dismay regarding the estimated 7000-36500 killed by the IRGC and Basij in January, so you’ll have to forgive me for doubting their concern is motivated by empathy.
@thisisMSH@gbrew24 To the extent their “peaceful intent” was ever credible, that is no longer the case given the reconstruction work that has been ongoing at Isfahan and Parchin.