From OilPrice.com
Oil has been in the doldrums this week as increasingly worrying news from the Russia-Ukraine border was offset by tangible progress in the Iran nuclear talks. Reportedly, the sequence of steps regarding the gradual easing of sanctions has already been ironed out - first Iran has to halt all enrichment above 5% purity and release political prisoners, then JCPOA members will unfreeze its assets that were frozen following the reimposition of sanctions. Should Iran sign up to the deal, we could see free movement of its crude from Q3 2022 onwards, cooling down fears of longer-term supply tightness in the markets.
Until the "Supreme Leader" agrees, there is no deal.
My Take. Once they get the money, Iran will not comply with any deal.
Iran Deal is far from being sealed - Feb 18
Iran Deal is far from being sealed - Feb 18
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Iran Deal is far from being sealed - Feb 18
Agreed! They are selling what they want now.
Supreme leader, who's that?
The Ayatolah or Biden?
Any deal should be monitored and money released over a 5 year period. Releasing money upfront is demented loser strategy.
If I was in charge I wouldnt do any deal with these nutjobs.
Supreme leader, who's that?
The Ayatolah or Biden?
Any deal should be monitored and money released over a 5 year period. Releasing money upfront is demented loser strategy.
If I was in charge I wouldnt do any deal with these nutjobs.