IRAN - 53 Billion Barrel Oil Field Discovered

Arno Froese

Iran has discovered a new oilfield with 53 billion barrels of oil in the southwest of the country, President Hassan Rouhani said in remarks carried live on state television.

“Despite America’s sanctions... Iranian workers have found an oil field with 53 billion barrels of reserves,” Rouhani said in a speech in the central city of Yazd.

In his speech, Rouhani mentioned that the field was found in the Khuzestan Province, an area rich with oil, and this newly discovered field would become the second largest in the Ahvaz region (the capital of the Khuzestan Province).

US Secretary of State Mike Pompeo called on all nations to increase their pressure on Iran as a result of their violations of the nuclear deal, and claimed that “It is now time for all nations to reject [Iran’s] nuclear extortion and increase pressure.”

-www.jpost.com, 10 November 2019

Arno's commentary

This is good news for Iran, but not so good news for those nations who oppose Iran’s nuclear ambitions.

While oil is still king, the future points to the significant displacement of oil by other energy sources.

Many ask, how does Iran fit into the Bible prophecy end-time scenario? The answer is rather simple: just like all nations on planet earth, except Israel. Here Daniel’s prophecies are decisive: “And in the days of these kings shall the God of heaven set up a kingdom, which shall never be destroyed: and the kingdom shall not be left to other people, but it shall break in pieces and consume all these kingdoms, and it shall stand for ever. Forasmuch as thou sawest that the stone was cut out of the mountain without hands, and that it brake in pieces the iron, the brass, the clay, the silver, and the gold; the great God hath made known to the king what shall come to pass hereafter: and the dream is certain, and the interpretation thereof sure” (Daniel 2:44-45). The world’s system will be destroyed, but, “…in the days of these kings shall the God of heaven set up a kingdom, which shall never be destroyed: and the kingdom shall not be left to other people.” That is Israel.

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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