by Jim Lobe The Trump administration has “gone nuclear” in reportedly demanding that all of Iran’s current oil consumers completely eliminate imports of Iranian imports by November 4. This comes in the wake of the OPEC meeting in which, apparently under… Continue Reading
by Djavad Salehi-Isfahani It’s not every day that Iran’s bazaar merchants close their shops to protest high prices. They are of course not protesting the high price of bread or chicken, whose prices have not increased, but of dollars, which… Continue Reading
by Mark N. Katz Russia is the one country that has arguably benefited the most from the Trump administration’s insistence that other countries (including America’s Western allies) reduce their petroleum imports from Iran to zero or face U.S. sanctions. Both… Continue Reading
by Esfandyar Batmanghelidj In the view of veteran observers of the oil industry, Trump has “gone nuclear.” Speaking during a background briefing on Tuesday, a senior state department official announced that the the Trump administration wants to completely eliminate imports… Continue Reading
by Thomas W. Lippman There are several possible explanations for the tweet President Trump sent out on Wednesday criticizing the Organization of Petroleum Exporting Countries (OPEC) for the continuing rise in the price of oil. One is that he simply… Continue Reading