Ten million cubic meters of water is consumed annually in Iran which mainly comes from wells and springs. The water shortage crisis in the Teheran is even greater. Dams which provide Teheran tap water have reached the lowest level in the last 33 years. The hopes that Khatami has pinned on economic reform will soon evaporate, because the non-oil sector of the economy is on the brink of collapse. The only way to revert this would be hefty reinvestment.
Iranian industry needs money, and there are two big sources of money.
The second source of money is oil, on which more than 80 percent of the Iranian economy is dependent. Its exports provide 80 percent of the country's foreign reserves. Tumbling prices of oil will soon snuff out the reformists' hopes. Any fall in oil prices will bring Iran's economy to the point of collapse. Iran is the second biggest oil producer within the OPEC cartel, and it is very possible that in a short space of time OPEC will decide to increase in the production of oil, a move that could cause a sharp fall in the price of a barrel of crude.