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Iran diplomacy as cover for decapitation

Iran diplomacy as cover for decapitation

Asia Times2 days ago

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Trump's coercive turn risks disastrous war with Iran
Nile Bowie analyzes the escalating Israel-Iran conflict, which threatens to drag Washington into another open-ended regime change war in the Middle East. Unless the US restrains Israel and reestablishes credible diplomacy, the conflict could spiral into a quagmire with global repercussions.
Washington's Iran ultimatum bolsters Kremlin hardliners
James Davis assesses how the Israel-Iran war is emboldening hardliners in Moscow and diverting global attention and weapons away from Kiev. Russian elites interpret recent US diplomacy as insincere and believe Trump is either unwilling or unable to negotiate a fair settlement.
Nippon Steel acquires US Steel minus one 'Golden Share'
Scott Foster evaluates Nippon Steel's $14.9 billion acquisition of US Steel, with unprecedented political oversight built into a 'Golden Share' agreement granting the US government veto power over key decisions. The acquisition offers mutual industrial benefits amid ongoing US-Japan tariff disputes.

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Opec+ may speed oil output hikes amid Israel-Iran fighting: Rosneft head
Opec+ may speed oil output hikes amid Israel-Iran fighting: Rosneft head

South China Morning Post

time5 hours ago

  • South China Morning Post

Opec+ may speed oil output hikes amid Israel-Iran fighting: Rosneft head

Opec+ group of leading global oil producers could bring forward its output hikes by around a year from the initial plan, Igor Sechin, head of Russia's largest oil producer Rosneft, said on Saturday. He also said that the decision by the Opec+ to speed up the output increase now looked farsighted and justified in light of the confrontation between Israel and Iran. The Organization of the Petroleum Exporting Countries and its allies, led by Russia, shocked oil markets in April by agreeing to a bigger-than-expected output hike for May despite weak prices and slowing demand. Opec+ has since decided to continue with more than planned hikes. 'The announced increase in production since May of this year is three times higher than the alliance's initial plan. In addition, the entire increase in Opec+ production could be shifted a year ahead of plan,' he said without elaborating. 'The decision taken by Opec leaders to forcefully increase production looks very farsighted today and, from the market's point of view, justified, taking into account the interests of consumers in light of the uncertainty regarding the scale of the Iran-Israel conflict,' he added.

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