Israeli analysts agree, since the US is no longer curtailing Iran’s nuclear program, the profound drop in oil prices due to the Saudis flooding market is seriously affecting Iran’s spending.
By Ari Yashar
Oil prices have nosedived from $115 a barrel last August to under $60 a barrel by the middle of this month, with many analysts, in the wake of Arutz Sheva columnist and Middle East expert Dr. Mordecai Kedar, appraising that Saudi Arabia has intentionally caused the price drop as a weapon against Iran, over fears of a deal giving the Islamic regime nuclear weapons.