Why low oil prices could be a blessing in disguise
If states see the present low prices as an opportunity for reform toward more realistic economies and more limited political ambitions, the Middle East could vastly benefit in the long run.
If states see the present low prices as an opportunity for reform toward more realistic economies and more limited political ambitions, the Middle East could vastly benefit in the long run.
With the Trump administration’s ‘maximum pressure’ campaign failing, its next step is to compel the reimposition of UN-mandated sanctions.
Hardliners will now have to share responsibility for Iran’s problems.
A diplomatic path is still open for Iran and the U.S. to resolve tensions and come to agreement.