Iran is now free to sell as much oil as it wants to whomever it likes at whatever price it can get. Richard Nephew More Quotes by Richard Nephew More Quotes From Richard Nephew They are making decisions about whether and how to respond to what they see as a massive attack on their interests from the U.S. via sanctions by attacking U.S. interests in turn, and those of U.S. partners they believe are responsible for U.S. policy. Richard Nephew top-news Europe and the United States are so integrated that it is implausible that the Europeans will be able to use current institutions to engage in transactions with Iran, if they really want to do this, then they'll need to set up siloed institutions that have no U.S. exposure and then to protect those institutions with the threat of retaliation against the United States. Richard Nephew world The real problem is does this stop these countries and the companies from their work to render the Arak and Fordow facilities safer? if it causes them to stop that work and gives Iran an excuse to restart Fordow or to rebuild Arak as a plutonium-production reactor, then we will have done real damage to our nonproliferation objectives. Richard Nephew top-news You will rapidly find that we will have to make sanctions decisions that are not very attractive. Richard Nephew politics New oil will not flow from Iran until 2016 and there will probably be less of it than optimists predict. Richard Nephew energy I estimate 300,000 - 500,000 new barrels of oil on the market within 6-12 months after a deal begins to be implemented. Richard Nephew energy
