Nuclear Issues

5 Items

Iran Oil Sanctions: A Rare Case Where Transactional Diplomacy Should Work

AP/Hasan Jamali

Analysis & Opinions - Bloomberg Opinion

Iran Oil Sanctions: A Rare Case Where Transactional Diplomacy Should Work

| Apr. 22, 2019

Secretary of State Mike Pompeo’s most recent announcement on Iran policy has raised some eyebrows. He indicated on Monday morning that the Trump administration will not renew waivers to importers of Iranian crude and that other suppliers (meaning Saudi Arabia) have agreed to increase production in to ensure the global oil market remains well-supplied. Skeptics question whether — after last summer’s debacle — there is sufficient trust between Washington and Riyadh for this arrangement to work. What skeptics may not have digested is that, while timing remains a problem, this is a classic win-win situation. It is a near-perfect example of the very limited universe of occasions when transactional diplomacy could actually work.

OPEC Headquarters

i_csuhai/Flickr

Analysis & Opinions - Bloomberg Opinion

Lessons for Trump After His Clumsy Dance With OPEC

| June 28, 2018

The world was in suspense a week ago wondering whether OPEC and non-OPEC producers would put more oil on tightening global markets. Turns out: Yes, they will. But, as the story does not end here, it is worth assessing where we are and how we got here. While the U.S. seems to have gotten what it wanted, it is not all good news.

The gas and diesel prices of the Chevron filling station outside of MIA on April 16, 2011.

Daniel Christensen

Analysis & Opinions - Bloomberg Opinion

Trump Has Options If Oil Market Panics About Iran

| May 10, 2018

Oil markets have so far reacted to President Donald Trump’s decision to withdraw from the 2015 Iran nuclear deal without either enthusiasm or panic — without even much apparent interest. There are many good reasons for this, but also many reasons to think oil markets’ complacency could change. Fortunately, the Obama-era sanctions that Trump has moved to reimpose have some lesser-known safety valves should oil markets later overheat as a result of the Iran decision.

Iranian President Hasan Rouhani, center left with white turban, leaves at the conclusion of a session of the parliament to debate on his proposed Cabinet in Tehran, Iran, Tuesday, Aug. 13, 2013.

(AP Photo/Ebrahim Noroozi)

Analysis & Opinions - The Boston Globe

Obama has an opening with Iran

| August 15, 2013

With a speed few predicted, Iran’s new president, Hassan Rouhani, has signaled his interest in negotiations this autumn on Iran’s controversial nuclear program," writes Nicholas Burns. "This could produce the first extensive contact between Washington and Tehran since diplomatic relations ruptured during the Jimmy Carter administration."

In this Thursday, Dec. 17, 2009 file photo, Iranian Vice-President Mohammad Reza Rahimi, right, accompanies President Mahmoud Ahmadinejad in his departure ceremony as he leaves Tehran's Mehrabad airport for Copenhagen to attend the U.N. Climate Summit. Ir

Vahid Salemi - AP Images

Analysis & Opinions - Los Angeles Times

Will Iran Crack?

| July 6, 2012

The latest Iran sanctions came into full effect this week, adding to a byzantine array of unilateral and multilateral measures that prohibit Iranian oil imports, other trade and financial transactions, and freeze Iranian assets by countries concerned that Tehran's nuclear program is intended for military purposes, not civilian ones.