Iran has had a nuclear program since the country restarted it in the 1980s, has been under economic sanctions for it since the 1990s, faced the threat of war over it in the 2000s, and now has come through 20 grueling months of negotiations just to keep part of the program in place.
On its face, Iran's nuclear program makes very little strategic sense. Though Iran insists the program is only for peaceful purposes, it's far beyond what's necessary to generate nuclear power. And it's never made sense as an energy investment; other types of energy are more efficient for Iran, and its grid desperately needs upgrading.
Read Full Article »