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Why Is Iran Not in the G20? | Economy WatchApr 25, 2011· Iran’s oil and natural gas reserves, ranked 3rd and 2nd highest in the world respectively, coupled with its status in OPEC, makes Iran a key player in the world’s energy needs. It is thus entirely conceivable for the G-20 to grant Iran access to the summit as a goodwill gesture akin to the one granted by the WTO to Iran back in 2005.

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