After US decision to withdraw from JCPOA and to reintroduce sanctions, Iran’s oil sector feels more pressure and uncertainty
Almost four years ago, after years of difficult negotiations, the Iran ... ... 2018 decision to withdraw from the deal, Iran still lagged behind on its planned economic revitalization and renovation of its energy sector. In fact, Iran failed to significantly increase its oil production, to upgrade its oil and gas infrastructure and ...
... specifically aimed at containing Tehran’s nuclear program. Second, if the requirements become global, Iran will get much more substantial guarantees concerning the nuclear programs of its rivals in the Middle East. Applying similar restrictions to Iran’s regional opponents would provide equal guarantees of nuclear energy being used exclusively for peace in the Middle East.
Thus, adopting JCPOA globally could resolve several issues at once. First, indefinite restrictions would be imposed on Iran’s nuclear program (as well as on the other signatories of the planned agreement), thus eliminating fears of Tehran relaunching its uranium enrichment ...
