USA Today quotes Global Energy Center Nonresident Senior Fellow Sara Vakhshouri on the common interests in oil and gas exports between Russia and Iran:
In the petroleum market, Iran and Russia also have different aims. Iran, whose economy has been stifled by years of nuclear sanctions, plans to develop its oil and natural gas fields and increase output by 1 million barrels a day, or about 25%, by mid-2016, says energy analyst Sara Vakhshouri, of SVB Energy International in Washington. That will put downward pressure on prices that are already at their lowest point in decades, Vakhshouri wrote in a recent study.