Ri­ots in Iran

Finweek English Edition - - MAIN STORIES THIS WEEK -


VOT­ERS IN IRAN staged coun­try­wide street demon­stra­tions dis­put­ing the elec­tion re­sults that in­cum­bent Pres­i­dent Mah­moud Ah­madine­jad won the elec­tion. Sup­port­ers of op­po­si­tion leader Mir Hos­sein Mousavi al­leged vote-rig­ging by Ah­madine­jad’s rul­ing regime. The un­rest in oil-pro­ducer Iran has also un­set­tled mar­kets with fears that oil prices will es­ca­late. THE HER­ALD said the up­heavals pre­sented a fresh chal­lenge for US Pres­i­dent Barack Obama as he seeks an in­clu­sive peace deal for the Mid­dle East that would em­brace na­tions pre­vi­ously ex­cluded by his pre­de­ces­sor, Ge­orge W Bush. The Star said the po­lit­i­cal un­rest in Iran is wor­ry­ing for SA, which re­lies heav­ily on Ira­nian oil.


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