follow us like us subscribe contact us
Loading, please wait

POLITICAL ALERTS

By Editorial Dept | Fri, 21 June 2013 18:55 | 0

Iranian Elections Bode Well for Political Unity

The Iranian people elected a new president on 14 June in the first round, with over 70% voter turnout.  Hassan Rouhani won a majority 50.7% of the vote. Rouhani should strengthen Iran by removing divisions that had hindered domestic economic policies and made foreign policy increasingly incoherent. Significantly, Rouhani is a highly respected figure in a number of camps, including elite clerical circles, Supreme Leader Ali Khamenei himself and even “reformist” figures. Rouhani’s assumption of the presidency will remove the divisions that had plagued Iran with the presidency of Mahmoud Ahmadinejad, who was in a constant power struggle with the Supreme Leader. Rouhani is a cleric, but one of moderate social views, and while he is only nominally a reformist, he is first and foremost a pragmatist. In the coming weeks, once Rouhani is settled in office, we will provide a brief analysis of markets. Geopolitically, the election of Rouhani will make it difficult for Israel to continue its saber-rattling over Iran with any serious international support. The election results are very surprising, and certainly were not part of the script. Rouhani could very likely follow very different policy prescriptions than his predecessors, and this could be a major reversal for the “right”. Rouhani’s tasks now will be two-fold: He will have to zoom in on the economy very quickly—within the few first…

To read the rest of this article Start a FREE subscription to our premium publication

Oil & Energy Insider - 30 day Free trial

30 day Free trial
A FREE Subscription Includes:
  • Investment advice normally reserved for hedge fund clients.
  • Market & sector research not available anywhere else.
  • Strategic advice from corporate & military intelligence analysts.
  • 9 Weekly Investment / intelligence reports.
  • Full access to all previous reports.
  • 30 days free trial.
Get FREE access to our research for 30 days

An essential resource for all investors in the energy sector whether you're a trader, fund manager or individual investor - this inside look at the energy markets is unlike any other report or service currently available.

About the author

More recent articles by Editorial Dept

Fri 25 July 2014
One Bright Spot In Utilities
Fri 25 July 2014
The Shale Revolutions Next Winner: The Permian Basin
Fri 25 July 2014
Global Energy Advisory July 25th 2014
Fri 25 July 2014
Are we About to See a Buying Opportunity in Oil
Fri 18 July 2014
Too Many Coincidences