• 4 minutes Energy Armageddon
  • 6 minutes "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 12 minutes "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 11 hours Is Europe heading for winter of discontent with extensive gas shortages?
  • 13 hours "False Flag Planted In Nord Stream Pipeline, GFANZ, Gore, Carney, Net Zero, U.S. Banks, Fake Meat, and more" - NEWS in 28 minutes
  • 5 days Wind droughts
  • 1 hour ""Green" Energy Is a Scam. It Isn't MEANT to Work." - By James Corbett of The Corbett Report
  • 3 days Kazakhstan Is Defying Russia and Has the Support of China. China is Using Russia's Weakness to Expand Its Own Influence.
  • 9 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 1 day Xi Is Set To Be Re-Elected As China’s Leader
  • 7 days Oil Prices Fall After Fed Raises Rates
  • 8 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 2 days 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 11 days Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
Editorial Dept

Editorial Dept

More Info

Iran Deal: Political Game-Changer or Epic Delusion?

On Sunday, 25 November, in Geneva, the US and Iran made what can only be described as a landmark move towards ending sanctions despite a flurry of activity—including the bombing of the Iranian embassy in Beirut, which killed 23 and wounded 170 others—intended to derail any such progress.

Even the foreign minister of France—a country now beholden to Israeli lobbying and Saudi money—noted that some sanctions currently in place against Iran could be lifted as early as December. Specifically, this initial agreement could free up around $7 billion for Iran--mostly from revenue transfers from restricted crude oil sales--and see the country’s gradual return to the trade in gold, petrochemicals, oil (sort of) and car and plane parts. In essence, though, it’s not a huge deal. Tons of Iranian money will remain frozen, and it will still only be able to export 1 million barrels of oil a day. This is a baby step—but in a barren room where even the smallest footstep echoes endlessly.

In return, Iran will agree to halt the enrichment of uranium beyond 5%, give IAEA inspectors greater freedom to investigate inside the country, and suspend activities at the Arak heavy water enrichment facility.

Under the deal, Iran has six months to try it all on and if compliance does not seem to be forthcoming, the sanctions would be reapplied. (Here is the full deal for those of you who wish to take it apart piece by piece.)

Plenty…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News