Sleepless in Teheran

Irans president, Ahmadinejad, is suffering from exhaustion.

Its probably because he is not sleeping at night. Watching oil prices fall from $147 a barrel to $57 is the kind of thing that gives an Iranian autocrat bad dreams. The Soviet Union collapsed following oil price reduction in the 90s - will that be the fate of the Iranian regime?

Get the low-down here:
http://www.nytimes.com/2008/10/29/opinion/29friedman.html?ref=opinion

'Axis of Diesel' forced to change its ways

Oil prices have fallen 50 per cent from a peak of $147 in July.

Declining oil revenues may force Russia, Iran and Venezuela to curtail anti-Western policies

Source:
http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article4965242.ece