Related Articles
Forward article link
Share PDF with colleagues

Reports suggest sanctions on Iran aren't working

Two assessments of the West's strategy to stop Tehran's nuclear programme suggest the outlook is grim

Iran and the countries trying to stop its alleged nuclear weaponisation programme seem to be nearing a deal. Talks in Almaty at the end of February were "positive", Iran said. Another round takes place in Kazakhstan on 5 April. Progress will probably wait until after the Iranian presidential elections in June, but a breakthrough in late summer, say analysts, is possible. A deal would be big news for the oil market. The sanctions imposed on Iran have sharply cut its crude exports, which were around 2.2 million barrels a day (b/d) in 2011. At best, they now sit at around 1.4m b/d and may be much lower. So a lot of pent-up supply would hit a saturated market if the embargo were lifted. The pric

Also in this section
Nigeria's election hangs over energy sector
19 April 2018
Africa's biggest economy is growing again. But next year's vote is stalling reform and investment in its crucial energy sector
Syria: ruthless business as usual
18 April 2018
The joint US-UK-French strikes on chemicals targets in Syria won’t affect the war—but they could damage Trump's image in the region
Elections a new rupture point in Venezuela crisis
16 April 2018
A Maduro loss in May's election could be a turning point, but recovery will be lengthy