The EU and UN terminate most of their sanctions on Iran, while the US implements more limited changes to its longstanding embargo.
P5+1
Top 10 Things To Know About The Implementation Of The Iran Nuclear Agreement
By Les Carnegie, Charles Claypoole, Andrew Galdes, William McGlone, Robert Price, Robert Sims, Eric Volkman | Latham & Watkins LLPSign up and get Breaking Energy news in your inbox.
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Just hours before Pyongyang claimed to have tested a hydrogen bomb, Iran unveiled another underground facility and showed off North Korean-designed long-range missiles. Evidence of North Korea’s January 6 nuclear test is still being analyzed, but already there is doubt about whether it was a powerful hydrogen bomb, as Pyongyang has claimed. Rather, it was… Keep reading →
Rouhani’s election pledge to improve the economy by resolving the nuclear issue is not working particularly well because of the many domestic policy challenges. Iranian president Hassan Rouhani has been eager to schedule the nuclear deal’s Implementation Day before the February midterm elections in order to demonstrate that the economy is on the mend. But… Keep reading →
Energy News Roundup: Iran Dismantling Nuclear Program, Natural Gas Not Right For Massachusetts & Carbon Capture Bill Enters House
By Conor O'Sullivan
Iran has begun dismantling parts of its nuclear programme, according to the UN atomic watchdog. [The Guardian] Additional natural-gas pipeline capacity is not the best solution to meet the state’s longer-term energy demand needs, according to a study released by Massachusetts’ Attorney General Maura Healey’s office. [Lowell Sun] A bill is set to be introduced… Keep reading →
“Adoption Day” Marks Official Launch Of P5 + 1 Nuclear Deal With Iran
By Don Kassilke, Rachel Welford | Cozen O'Connor
The Joint Comprehensive Plan of Action (JCPOA), intended to prevent Iran from acquiring a nuclear weapon and to ensure that Iran’s nuclear program will be directed toward exclusively peaceful purposes, went into effect October 18, 2015.
Beyond The Vote (Part 3): Implications For Regional Security
By Omar Mukhlis
A former U.S. Army commander and a distinguished diplomat discuss how the nuclear deal could compromise longstanding U.S. interests in the Middle East if Washington does not do a better job of countering Iran’s destabilizing ambitions. DAVID PETRAEUS Although it is far too soon to assess the nuclear deal’s impact on the Middle East, it… Keep reading →
Russian S-300 Missiles To Iran: Groundhog Day Or Game-Changer?
By Michael Eisenstadt
Potential military action against Iran would be much more risky if the regime does in fact acquire the advanced S-300 antiaircraft missiles, but Moscow and Tehran have significant obstacles to overcome before that occurs. One of the early consequences of the nuclear agreement with Iran has been revived negotiations over the sale of Russian S-300… Keep reading →
Iran’s ‘Frozen’ Assets: Exaggeration On Both Sides Of The Debate
By Patrick Clawson
Before the nuclear deal was signed, the freezing of Iranian assets was incomplete, so the loosening of restrictions on these assets will have less impact than implied by past and current arguments. The Obama administration has long overstated the extent to which economic sanctions froze Iranian assets and the impact these actions had on the… Keep reading →
Will The Obama Administration Implement The Stringent Sanctions Authorized Under The Iran Agreement?
By Patrick Clawson
Even after the deal is in effect, the United States can sustain or increase tough barriers on Iran’s trade with other countries, but this fact has not been highlighted by the president or his team. On August 19, in a move designed to address concerns by wavering members of Congress, President Barack Obama sent a… Keep reading →
Energy News Roundup: EIA Release STEO, BP Hindered EU Energy Reform & Iran Ready To Flood Oil Markets
By Conor O'Sullivan
The EIA has lowered crude price forecasts in its Short-Term Energy Outlook (STEO), expecting West Texas Intermediate (WTI) crude oil prices to average $49 per barrel (b) in 2015 and $54/b in 2016. [EIA] New documents have revealed BP was part of an oil and gas lobby that successfully undermined EU renewable energy targets and subsidies… Keep reading →
