Oil prices fell on Monday based on investor optimism of a resolution to the Ukraine crisis should a meeting take place between US and Russian participants and the likelihood of Iranian oil returning to the market as the nuclear deal nears completion.
Russian Foreign Minister Sergey Lavrov called on the United States to take a more active approach to help resume stalled talks aimed at reviving the Iran nuclear deal.
“It is not surprising that the Biden administration has not given top priority to improving relations with Iran and reinstituting the nuclear deal,” a Political Professor at Cornell University told ILNA.
The Political science professor at New Hampshire University Kurk Dorsey says that Joe Biden will probably want to return to the Obama policy of engaging with Iran.
The U.N. Security Council is preparing to vote this week on a U.S. proposal to extend an arms embargo on Iran, a move that some diplomats say is bound to fail and put the fate of a nuclear deal between Tehran and world powers further at risk.
The UN Security Council is set to roundly reject a US resolution to extend an Iranian arms embargo, diplomats say, setting up a lengthy showdown with repercussions for the Iran nuclear deal.
Iran’s Permanent Ambassador to the United Nations Majid Takht Ravanchi said in a Twitter message that US attempted to distort the provision of UN Resolution 2231 on timely lifting arms embargo on Iran.
The political professor of the University of Northern Iowa says that a larger history of the US in the Middle East can certainly be connected to a variety of problems in the region.
“More companies to gradually will join the INSTEX mechanism for trade with Iran,” Senior Economic Advisor to the European Union Mehrdad Emadi told ILNA.
“I find U.S president foreign policy, to the extent that a consistent and coherent one can be discerned, as very mixed and mostly problematic,” a professor at Carleton University told ILNA.
