The spring of 2017 is certainly the season for elections, with contests in France, Britain and South Korea and the election for the chancellorship in Germany to follow in the autumn. For the international energy companies and the global energy market none is more important than the presidential election in Iran that takes place on May 19.
There are 12 candidates but the main contest will be between the current President Hassan Rouhani and his main challenger Ebrahim Raisi. To label them as moderate and hard line is a convenient western shorthand. The nuances of policies and allegiances makes the comparison more complex. Mr Rouhani is not a secular liberal and Mr Raisi, at least on the basis of his past role as attorney general, is perhaps not as rigid as some imagine. Both are survivors in the complex and often vicious game of knives which has existed in Iran since the 1979 revolution. Read more