re: #175 austin_blue

This is actually a big deal, and the US State Department may have people pushing it.

The Iranians can push out well north of 1.5 MMB/day, which would drop oil prices by $5 to $10 per barrel. Oil politics is a long game, and the Saudis, especially, want to hold back on their reserves. The WH has been barking at them to increase exports, and this may be an agreement that takes some pressure off them.

The hammer over their head has been not resupplying their weapons stocks that they are using in Yemen.

Oil politics is extremely complex, and I can’t say that we are directly involved, but if you want to fuck Putin’s ass, this is a fine start.

First off…eeewww

But if that’s the case why is Russia on board with the deal?