• 2 minutes California to ban gasoline for lawn mowers, chain saws, leaf blowers, off road equipment, etc.
  • 6 minutes China and India are both needing more coal and prices are now extremely high. They need maximum fossil fuel.
  • 11 minutes Europeans and Americans are beginning to see the results of depending on renewables.
  • 1 hour Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 11 mins GREEN NEW DEAL = BLIZZARD OF LIES
  • 12 hours "A Very Predictable Global Energy Crisis" by Irina Slav --- MUST READ
  • 4 hours Two Good and Plausible Ideas about Saving Water and Redirecting it to Where it is Needed.
  • 2 days Did China cherry-pick the factors that affected the economic slow-down?
  • 15 hours "Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change" - Zero Hedge re: Bank of America REPORT
  • 3 hours Putin and Xi have decided not to attend the Climate Summit in Glasgow
  • 19 hours Are you aware of Oil Price short videos on our energy topics?
  • 24 hours Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 1 day NordStream2
  • 2 hours The Climate Scare Stories Began With Far Left Ideology Per GreenPeace Co-Founder
  • 411 days Class Act: Bet You've Never Seen A President Do This.
Editorial Dept

Editorial Dept

More Info

IRAN: Behind the Scenes Ahead of Kazakhstan Talks

Bottom Line: Against the backdrop of 25 February P5+1 talks in Astana, Kazakhstan, the Obama administration is seeking to lay the foundation for a deal with Tehran once Iran’s June presidential elections are over, but Israel and Saudi Arabia will covertly attempt to hijack any détente.

Analysis: First, two things are happening in Iran that are significant to the backdrop of 25 February nuclear talks in Kazakhstan: 1) the Iranian riyal is on a fast downward spiral against the dollar, plummeting to under 40,000 to the US dollar and counting as Iran goes on a printing binge to finance energy subsidies; 2) there is a great deal of political horse-jockeying going on ahead of 14 June presidential elections and no deal can be made with Iran before these elections are over.

Iranian elections pit three factions against each other: the faction President Mahmud Ahmadinejad; and two ultra-conservative factions.

What is keeping Tehran at a distance for now is the fact that while the Obama administration may wish to deal in détente, the US Congress is dominated by conservatives who would attempt to stymie any such progress. What the Obama administration has perhaps recalled is that historically, energy deals with enemies have actually served as the backbone of US energy supplies: Soviet gas and oil during the Cold War, for instance. The goal is direct bilateral talks with Iran.

What is ostensibly on the table - not in Kazakhstan, but…




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