Iran-Turkey Energy Relations After US Withdraw JCPOA
With the onset of EU/US sanctions on Iran's energy sector, the country’s oil and gas production capacity decreased dramatically. Following the signing of the 2015 Iran nuclear deal, formally known as the Joint Comprehensive Plan of Action (JCPOA), however, is was hoped that the country would be provided with an opportunity to attract more foreign investment, not least that which would allow it to recover its oil and gas production capacity.
Iran responds to Trump’s totalitarian policies
US president Donald Trump recently proposed a plan to institute a complete ban of Iranian oil this coming November. It is possible he is simply incapable of understanding the realities of such a proposal…. would it even possible to impose a blockade of Iranian oil throughout the entire region? To give Trump the benefit of the doubt, he likely means what he says, but doesn’t understand the logistics or potential consequences... Iranian president Hassan Rouhani's response was swift and direct: impose the ban if you are able to, and you will see the consequences.