• 2 minutes U.S. Presidential Elections Status - Electoral Votes
  • 5 minutes “Cushing Oil Inventories Are Soaring Again” By Tsvetana Paraskova
  • 7 minutes United States LNG Exports Reach Third Place
  • 2 hours https://www.prageru.com/video/whats-wrong-with-wind-and-solar/
  • 15 hours Here it is, the actual Complaint filed by Dominion Voting Machines against Sydney Powell
  • 2 days Pollster Frank Luntz released a poll today showing 90% of those that voted for Trump in November would vote for him again.
  • 7 hours Tonight Twitter took down Trump's personal account permanently. Trump responded on the POTUS account.
  • 2 days Do Republicans like Liz Cheney, Adam Kinzinger, Mitt Romney and now McConnell think voting for Impeachment can save the party ? Without Trump base what is the Republican constituency ? It's over.
  • 2 days ICE Engines Hear to Stay Regardless of War Against
  • 13 hours CNN's Jake Tapper questions double amputee purple heart recipient GOP Rep's commitment to democracy. Tapper is a disgrace.
  • 14 hours A Message from President Donald J. Trump - 5 minutes from The White House directly
  • 17 hours The World Economic Forum & Davos - Setting the agenda on fossil fuels, global regulations, etc.
  • 2 days Minerals, Mining and Industrial Ecology
  • 2 days a In 2020, we produced and delivered half a million cars.
  • 2 days Trump Supporters Just Handed a Huge Propaganda Victory to China
  • 2 days Evidence is evidence, voter fraud by state
Shale Giant Chesapeake Emerges From Bankruptcy

Shale Giant Chesapeake Emerges From Bankruptcy

Chesapeake Energy has emerged from…

U.S. Sanctions Halve Iran’s Oil Revenues

U.S. Sanctions Halve Iran’s Oil Revenues

Iran’s oil revenues have halved…

Is This The Beginning Of The End For The Iran Nuclear Deal?

The German government says the foreign ministers of Britain, France, and Germany are meeting in Berlin on November 23 for talks focusing on the 2015 nuclear deal with Iran, days after the UN's atomic watchdog said Tehran had again breached the agreement.

"Together with our partners, we strongly call on Iran to stop violating the deal and return to fulfilling all its nuclear obligations completely," a German government spokeswoman said on November 23.

The meeting between German Foreign Minister Heiko Maas and his British and French counterparts, Dominic Raab and Jean-Yves Le Drian, comes after the International Atomic Energy Agency (IAEA) said on November 18 that centrifuges in a buried part of Iran's main uranium-enrichment site at Natanz were now operational.

Related: Climate Targets Could Slash Natural Gas Investment By $1 Trillion

The nuclear deal with world powers states that Iran can only accumulate enriched uranium with first-generation IR-1 machines and that those are the only centrifuges it can operate at its underground plant at Natanz, apparently built to withstand aerial bombardment.

But the United States withdrew from the agreement in 2018 and reimposed crippling sanctions against Iran. In response, Iran, questioning whether the accord still holds, has breached many restrictions imposed by the deal to curb its atomic activities, including on the purity to which it enriches uranium and its stock of enriched uranium.

Other signatories to the agreement -- Russia, France, Great Britain, China, and the European Union -- insist the agreement is still valid and have urged Tehran to adhere to it.

Iranian officials have complained that the country is not benefiting economically from the agreement, under which the country significantly limited its nuclear program in exchange for sanctions relief.

Iranian Foreign Minister Mohammad Javad Zarif on November 17 said Tehran would be willing to return to full compliance with the deal if U.S. President-elect Joe Biden lifts U.S. sanctions against the country.

Biden has said he would work with the other powers involved to amend aspects of the agreement once Iran is back in compliance.

By RFE/RL 

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment
  • Mamdouh Salameh on November 23 2020 said:
    It was the Trump administration that violated the US Security Council-approved 2015 Joint Plan of Action, or JCPOA accord (better known as the nuclear deal with Iran) by walking away from it, calling it the worst deal ever. In exchange for sanctions relief, Iran accepted limits on its nuclear program until the terms expire in 2025.

    In retaliation against the crippling sanctions imposed on Iran by the Trump administration and in anger against the lack of support from Germany, Britain and France, Iran decided to breach many restrictions imposed by the deal to curb its atomic activities.

    Therefore, it is highly hypocritical by the foreign ministers of Germany, France and Britain to accuse Iran of violating the Iran nuclear deal obligations when it is the United States who violated them by withdrawing from it prompting Iran to violate its obligation under the deal.

    Iranian Foreign Minister Mohammad Javad Zarif said on November 17 that Iran would be willing to return to full compliance with the deal if US President-elect Joe Biden lifts U.S. sanctions against his county.

    Biden is on record saying that Trump’s "maximum pressure" policy has failed while Iran is now closer to a nuclear weapon than it was when Trump came to office.

    Dr Mamdouh G Salameh
    International Oil Economist
    Visiting Professor of Energy Economics at ESCP Europe Business School, London

Leave a comment

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