http://www.nationalreview.com/article/366492/real-cost-geneva-ilan-berman
Start preparing for Pax Iranica. That is the unspoken message behind the interim nuclear agreement hammered out between the P5+1 powers and Iran in Geneva last month. For, despite the insistence in Washington and European capitals that it is only temporary, the new deal has nonetheless prompted what amounts to a seismic shift in Middle Eastern politics.
Already, the Iranian regime itself has received a much-needed economic reprieve. On the heels of the accord, the Obama administration released billions of dollars in blocked Iranian oil assets as a goodwill gesture. That, however, is just the beginning. According to Iranian officials, the Iranian government will gain access to as much as $15 billion of oil revenues over the next half-year under the terms of the Geneva deal. As a result, Iran is poised to receive at least $20 billion-worth of economic relief — equivalent to nearly half of the country’s hard-currency reserves (currently estimated at some $50 billion) and far greater than originally envisioned by the White House.
These developments have not gone unnoticed. More and more corporations and sovereign states alike are now making plans based on the assumption that eroding sanctions will again make Iran a lucrative commercial market — and a global energy player.
As a result, Iranian officials are waxing optimistic. According to Hadi Ghavami, head of the Iranian parliament’s Plans, Budget, and Auditing Commission, the country’s economy, currently shrinking by 5.8 percent annually, is expected to grow 2.2 percent in the coming year.