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hemanthaa@mail.com

Could the revival of the JCPOA be accelerated to deal with energy crisis? President Biden implied it yesterday!

hemanthaa@mail.com in Oil (General)

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hemanthaa@mail.com    + 64

hemanthaa@mail.com

Conflict at the border between Russia and Ukraine

As the tension between Russia and Ukraine hots up, the cracks are already appearing in the Western alliance. They can only get widen, if the US takes up a passive approach, especially when the real gravity of the energy crisis is hitting home hard.

Although President Biden’s ‘minor incursion’ response is pushed into the realm of political gaffes by his aides, his hope of reviving the JCPOA, 2015 Iranian nuclear deal, cannot be classified as the same, because it has stemmed from a real urgency – when all other options to keep the rising energy costs at bay are failing.

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