Tag "mike pompeo"
The Special Purpose Vehicle and the future of the Iran deal
In yet another sign of the US’ waning global leadership role on the Iran nuclear deal, the EU, Russia and China have set up an alternate payment mechanism called the Special Purpose Vehicle or SPV as a means to bypass any additional US sanctions.
The Energy Briefing: Oil market implications of re-imposing sanctions on Iran
The looming threat of renewed US sanctions on Iran’s oil and gas sector could pull hundreds of thousands of barrels off the market, tightening demand balances and throwing off investment plans.
The firing of Rex Tillerson and the future of US diplomacy
After Rex Tillerson was abruptly fired last week, all eyes are on new appointee Mike Pompeo. Trump and Pompeo are aligned on many issues, and the Iran deal in particular is at risk under the new Secretary of State. But there is still scope for Pompeo to assert himself on North Korea and Trump’s unconventional diplomacy.
