... rekindle its interest in establishing a new nuclear deal with Iran. Although talks have been conducted away from public view, US attempts to contact its key regional adversary appears far from accidental. The move could have been prompted by changes in Iran’s relations with other countries, especially its evolving cooperation with China, Russia and Saudi Arabia. If any agreement has been reached (which is currently too early to judge), it would only boost Iran’s position in the region. The mere fact that the US is holding such talks indicates that it recognizes that regional changes are taking ...
... three ways. First, they can use their own strategic reserves (China’s reserves alone are
estimated
at about 700 million barrels,... ... Medium
and
Arab Heavy
; finally, they can increase shipments from Iran either directly, or by producing new mixes, similar to what ... ... Following a series of statements from
Saudi Aramco
promising that Saudi Arabia would fulfill all of its contractual obligations due ... ...
Source: Bloomberg
Notably, market panic was a positive thing for Russia. Prices on
Urals
, Russia’s principal exported grade ...
... coalition. For the same reason, an international operation, at least at the initial stages, cannot be led by the navies of any regional powers already involved in a confrontation. It is also difficult, given the situation, to imagine that the navies of Iran and Saudi Arabia could interact effectively.
Ivan Timofeev:
Tanker Incidents: Who Blinks First?
India, China, and Russia could offer their patrolling services, since both India and China are critically dependent on the energy sources transported through the Strait, and Russia could carry out such work thanks to the special role that Moscow plays in the Middle East ...
