By John Tamny of RealClearMarkets
Writing about last week’s presidential election in Iran, the Wall Street Journal’s Bret Stephens observed that the plebiscite was “so transparently rigged that the only serious question is whether the regime even bothered to stuff the ballot boxes.” President Barack Obama joined in with his own criticism, expressing his “deep concerns about the election.”
Of perhaps greater concern to the average American is whether there’s an oil story behind a vote that seemingly few people take seriously. Specifically, could problems in Iran lead to another oil spike that would show up in higher gasoline prices?
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