Will Biden Reinstate The Iran Nuclear Deal?
1 response | 0 likes
Started by metmike - Nov. 19, 2020, 2:28 p.m.

https://oilprice.com/Energy/Energy-General/Will-Biden-Reinstate-The-Iran-Nuclear-Deal.html?utm_source=browser&utm_medium=push_notification&utm_campaign=vwo_notification_1605825687&_p_c=1

The Time is Ripe for Deal-Making

Both countries have an interest in bringing each other to the negotiation table and finally reaching an agreement.

On the Iranian front, the time is ripe for diplomatic talks because of an ongoing crisis caused by the crippling U.S. sanctions and the Covid-19 pandemic. The already struggling Iranian economy has been brought to the brink of collapse, exacerbated by low oil prices. Humanitarian aid has also never been more vital for Tehran, to the point that the EU had to urge the U.S. to reduce sanctions in order to avert a full-blown humanitarian crisis in the country.

Therefore, it is likely that Tehran will have fewer incentives to escalate an arms race and to invest in proxy forces for the foreseeable future; in fact, since the Covid-19 outbreak, Iran has pulled some of its troops from Syria and Iraq, supported the election of Iraq’s new US-favored Prime Minister and is engaging the UAE in rare diplomatic talks.

Engaging Washington in negotiations and halting its nuclear program in exchange for sanctions relief might be the only option Tehran has if it wishes to emerge from a devastating socio-financial crisis.


metmike: I'll bet that he does............then we will hear about how wonderful the new deal is from the MSM. 

But Fox will hammer him on it.

Comments
By mcfarm - Nov. 19, 2020, 2:38 p.m.
Like Reply

if possible Biden's foreign policy will be even weaker than Obama.....Iran will do what ever they please