Why isn’t Iran rich from oil money? | Alan Kohler | ABC NEWS
Iran’s economy was already broken before the US and Israeli air strikes, following years of international sanctions and mismanagement.
ABC’s Alan Kohler examines how military escalation sped up a financial collapse that had already begun.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-03-06/oil-reaction-trump-attack-on-iran/106424164
ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It’s news when you want it, from Australia’s most trusted news organisation.
For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1
Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
Note: In most cases, our captions are auto-generated.
#ABCNEWS #ABCNEWSAustralia

