Posts tagged : "Energy"

#

What’s really behind the Iran-Venezuela bromance?

What’s really behind the Iran-Venezuela bromance?

Kourosh Ziabari - Asia Times: In June, Venezuelan President Nicolas Maduro arrived in Iran for a two-day visit, marking the first time in five years the leader alighted in the equally isolated Islamic Republic. Iranian President Ebrahim Raisi, who has crafted his foreign policy around anti-US motifs, is investing in elevating relations with Venezuela as Iran misses out on boosting relations with traditional Asian allies and lacks a roadmap for renewing ties with the West. During the visit, Iran and Venezuela signed a 20-year cooperation agreement, the details of which have not been made public. But for the two countries whose economies have been crushed under years of biting US sanctions, there is potent symbolism in giving...

Continue reading

Why Iran won’t readily replace Russian oil and gas

Why Iran won’t readily replace Russian oil and gas

Kourosh Ziabari - Asia Times: Russia’s blitzkrieg on Ukraine and endgame talks to restore the Joint Comprehensive Plan of Action (JCPOA) Iran nuclear pact have become increasingly interlocked in an emerging new geopolitical order. But hopes that a new nuclear deal will allow Iran to quickly replace Russian energy supplies to the West are likely premature for a multitude of reasons. In remarks last weekend, Russian Foreign Minister Sergei Lavrov asked the US for written guarantees that the JCPOA’s revival be made contingent on Russia being allowed to maintain trade and economic ties with Iran exempt from US sanctions over its Ukraine invasion. Many analysts interpreted the request, made after months of negotiations and with...

Continue reading