• 3 minutes Marine based energy generation
  • 5 minutes "Saudi Armada heading to U.S.", "Dumping" is a WTO VIOLATION.
  • 8 minutes Why Trump Is Right to Re-Open the Economy
  • 12 minutes Which producers will shut in first?
  • 3 mins A small trial finds that hydroxychloroquine is not effective for treating coronavirus
  • 6 mins The GREAT OPEC+ Agreement
  • 2 hours US Shale Resilience: Oil Industry Experts Say Shale Will Rise Again
  • 9 hours Saudis to cut 4mm bbls. What a joke.
  • 19 mins Trumps Oil Industry....
  • 9 hours Saudi Arabia Is Buying Up European Oil Majors
  • 7 hours Trump will be holding back funds that were going to W.H.O. Good move
  • 4 hours Chinese Communist Party
  • 8 hours Russia's Rosneft Oil is screwed if they have to shut down production as a result of glut.
  • 14 mins Ten days ago Trump sent New York Hydroxychloroquine. Being administered to infected. Covid deaths dropped last few days. Fewer on ventilators. Hydroxychloroquine "Cause and Effect" ?
  • 10 hours Occidental hypocrisy
  • 4 hours Corona Price Tag
  • 13 hours Sharp real pure true hard working roughneck needing work..
The Solution To The Oil Price War

The Solution To The Oil Price War

While both Saudi Arabia and…

Mexico Rejects Global Plan To Cut Oil Production

Mexico Rejects Global Plan To Cut Oil Production

While others are already cutting…

James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Iran’s New President Elect will Make Nuclear Program more Transparent

Iran’s New President Elect will Make Nuclear Program more Transparent

After a first round of presidential elections in Iran, Hassan Rohani has appeared as the surprise victor, becoming Iran’s new President Elect.

His victory may well be the key to ending Iran’s conflict with the West, and deterring any potential attacks that may have been in the pipeline, such as from Israel.

Suzanne Maloney, from the Brookings Instituion’s Saban Centre for Middle East Policy, explained to Bloomberg that “those advocating an attack on Iran have been dealt a setback. The chances of an attack on Iran are even more remote than they have been in many years.”

In his first news conference as President Elect, Rohani stated that he will work to improve Iran’s relations with countries around the world. Western nations are interested in beginning talks with Rohani, and the EU and British Foreign Office both urge Rohani to help sort a diplomatic solution to the conflict over Iran’s nuclear program

Related article: Japan-India Nuclear Deal, Last Piece in Corporate Nuclear Game

Rohani was appointed as a candidate by the Supreme leader Ali Khamenei, and as with all the other candidates he is a firm supporter of Iran’s rights to develop nuclear technology, however he has stated that Iran’s nuclear progress should not come at the expense of the economy.

In order to work towards a resolution to the conflict, and eventually have the sanctions removed, Rhoni is willing to grant more freedom to reporters, and non-governmental organizations, in an attempt to build trust and end Iran’s isolation from the world.

“We will try to win back trust. We can make it clear to the whole world that the measures and activities of the Islamic Republic of Iran are totally within international regulations and mechanisms.”

Cliff Kupchan, the director for the Middle East at Eurasia Group, told Bloomberg that “sanctioning Ahmadinejad was very easy, it comes very naturally to the entire international community. Sanctioning a moderate, well-respected, judicious, articulate cleric is one heck of a lot harder.”

By. James Burgess of Oilprice.com



Join the discussion | Back to homepage




Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News