• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 1 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 10 days Does Toyota Know Something That We Don’t?
  • 4 days America should go after China but it should be done in a wise way.
  • 9 days World could get rid of Putin and Russia but nobody is bold enough
  • 1 hour "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 11 days China is using Chinese Names of Cities on their Border with Russia.
  • 21 hours Even Shell Agrees with Climate Change!
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 12 days CHINA Economy Disaster - Employee Shortages, Retirement Age, Birth Rate & Ageing Population
  • 13 days Putin and Xi Bet on the Global South
  • 13 days "(Another) Putin Critic 'Falls' Out Of Window, Dies"
Kyrgyzstan’s Explosive Car Market Growth Raises Eyebrows

Kyrgyzstan’s Explosive Car Market Growth Raises Eyebrows

Kyrgyzstan is seeing significant growth…

Canada Oil Faces Fresh Pipeline Shortage

Canada Oil Faces Fresh Pipeline Shortage

Canadian oil production could hit…

Congress Calls For An End To Nuclear Talks After Iranian Missile Attack

A ballistic missile attack by the Iranian Revolutionary Guard Corps on a site in northern Iraq has prompted U.S. legislators to call on the White House to suspend talks with Tehran on a new nuclear deal.

Al Jazeera reported that the strike on the U.S. consulate in Erbil, the capital of the Kurdistan autonomous region, came in response to Israeli forces killing two members of the Revolutionary Guard Corps in Syria last week. According to official Kurdish sources, the strike caused only material damage.

Official U.S. sources confirmed there were no casualties of the attack, which they called “outrageous”.

In a statement, the Revolutionary Guard Corps said it had targeted “Zionists’ strategic center of plot and evil acts” in a bid to warn Israel that “the repetition of evil conducts will draw Iran’s harsh and devastating response,” per a report by Iranian news agency Tasnim.

Following the strike, several U.S. legislators from both parties called on the Biden administration to pull out of the Iran nuclear talks, The Algemeiner reported.

The nuclear talks between Iran and the other signatories to the original Joint Comprehensive Plan of Action, commonly known as the Iran nuclear deal, were suspended last week. The suspension came after Russia demanded that the new deal with the U.S. would not affect Iran’s trade with Russia amid Western sanctions on Moscow.

Western countries have dismissed the demand as unacceptable, and the United States has said it will not agree to it, Reuters reported on Friday. If the talks collapse as a result of this flare-up of tensions, this could see Iran really get down to business on nuclear weapons, Reuters noted in its report, which could lead to more Western sanctions against Tehran.

This, in turn, would boost international oil prices further and hit European and U.S. consumers harder—an outcome that governments are desperately trying to prevent.

ADVERTISEMENT

By Irina Slav for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

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