The late 70's under President Reagan

The hostage crisis still happens, Eagle Claw still fails,
Because RR would do the exact same thing as Peanut, rather than

'The Bombing begins in 5 minutes'

as soon as word of the Embassy being overrun is known?

No, not the one you are thinking of, but the earlier occupation

Only four days after the overthrow of the Pahlavi regime, the U.S. Embassy in Tehran was attacked. The attack occurred at 10:15 a.m. on February 14, 1979. It was carried out by hundreds of supporters of the communist OPFG who climbed over the walls of the large compound on Takht-e Jamshid Street [now called Taleghani Street]. Here is how Nicholas Cumming-Bruce of the Guardian reported on the incident:

As they [the attackers] dropped into the compound they opened up with everything from G3 rifles to machine guns, spraying the main Embassy building and other offices with bullet. The Embassy's [19] U.S. Marines returned the fire with bird-shot to give official time to destroy secret documents and coding equipments, but were then ordered by the Ambassador [William H. Sullivan] to unload and discard their weapons.
The Embassy staff, about 100 to 150 [down from more than 300 before the Revolution], were taken to the communication room on the first floor, while marines filled the ground floor with teargas. But, this had only a temporary delaying effect. Gunmen eventually broke into the Embassy, forcing many of the staff at gunpoint to lie on the floor. Others ransacked the East Wing, broke up communication equipment and smashed the main switchboard.

One Iranian employee of the Embassy was killed, and U.S. Marine and three other Americans were wounded.

But after only an hour armed men led by the deputy prime minister of the provisional revolutionary government, Dr. Ebrahim Yazdi, arrived at the embassy and convinced the attackers to leave the Embassy.

U.S. State Department spokesman Hodding Carter, III, thanked the provisional government for its efficiency and speed that ended the embassy seizure. Through Iran's embassy in Washington, the Bazargan government relayed a message to the Carter administration, expressing deep regrets for the incident, and promised complete security for the Embassy and its staff.

Sullivan then left Iran. It was obvious that he could no longer be effective as the U.S. Ambassador. The U.S. nominated Walter L. Cutler as its next Ambassador to Iran, but Iran rejected him. Thus, Bruce Laingen, the Charge d'Affaires, became the senior American diplomat in Iran.


Yes, RR would do many of the same things as Carter, but also very different actions, like a different Ambassador in the first place
 

These two graphs contradict each other. The top graph shows a drop of production from just shy of 6 million barrels a day around 1976 to about (?) 1.3 million in 1980.

The bottom graph shows a lesser decline of world production in the early ‘80s. And a decline of OPEC and Persian Gulf starting about the same time but bottoming out around 1985.

That top graph was just for Iranian production. While Iranian, Saudi and the rest of OPEC production dropped to try and keep prices at their 1978 peak. The Charts may not be showing the cheating that started by some of the OPEC nation, that didn't show in their official production numbers to make money on volume on the dropping prices, that was due to both US and Soviet actions
 
That top graph was just for Iranian production. While Iranian, Saudi and the rest of OPEC production dropped to try and keep prices at their 1978 peak. . .
621px-Iran_Oil_Production.png


I’m seeing the decline started around (?) 1976, and presumably just for Iranian oil.
 
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