The Day After a Nuclear Deal
The White House worked hard to fence Iran off from the world. But in the wake of a nuclear deal, will the US end up fencing only itself off from Iran?
Iran might re-open for business soon, but don’t expect the Americans to be knocking on the door.
With the U.S. and Iranian negotiating parties expressing confidence in reaching a nuclear deal in the week ahead, the promise of a broad sanctions-easing on Tehran is inspiring hope among the business sector.
That hope, however, might not translate for U.S. companies, who stand to lose out in the race to Iran. Most observers expect the White House to retain large parts of the U.S. trade ban following a nuclear deal. That will prevent U.S. companies from engaging in any significant trade with or investment in Iran.
Iran News Roundup: June 15, 2012
Tightening Oil Trade OPEC Secretary General Abdullah Al-Badry has announced oil prices could elevate to $110 without putting the global economy in jeopardy (AP 6/15). He said, “$110 is not a threat to the world economic growth,” after OPEC leader agreed yesterday to keep OPEC’s total output ceiling at 30 million barrels a day (AP […]