Author: Andreas Exarheas
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Trump Signs Memorandum ‘Restoring Maximum Pressure’ on Iran
A fact sheet posted on the White House website on Tuesday stated that U.S. President Donald J. Trump signed a National Security Presidential Memorandum (NSPM) “restoring maximum pressure on the government of the Islamic Republic of Iran”. “The NSPM directs the Secretary of the Treasury to impose maximum economic pressure on the Government of Iran,…
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Signals from Trump Admin Point to Maximum Pressure on Iran Approach
In a Skandinaviska Enskilda Banken AB (SEB) report sent to Rigzone recently, Bjarne Schieldrop, the chief commodities analyst at the company, outlined that “the signals from the incoming U.S. administration” point to a “maximum pressure on Iran” approach. “Last time Donald Trump was president he drove down Iranian oil exports to close to zero as…
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USA EIA Lowers 2025 Oil Price Forecast
The U.S. Energy Information Administration (EIA) lowered its Brent spot average price forecast for next year in its latest short term energy outlook (STEO), which was released this week. According to its November STEO, the EIA now sees the Brent spot price averaging $76.06 per barrel in 2025. In its previous October STEO, the EIA…