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Trump aims to cool tensions in Middle East, but Iran is probably not ready to negotiate

2019-05-19 10:03:42       source:CNBC

May 18, 2019


President Donald Trump appears to be paving the way for negotiations with Iran as tensions in the Middle East steadily escalate and send oil prices higher this week.


However, energy industry watchers and experts in the region believe the Iranian leadership in Tehran is not ready for talks. They say the Islamic Republic will first seek to strengthen its hand after the Trump administration tightened sanctions on the nation’s lifeblood, oil exports, and designated the Iranian Revolutionary Guard Corps a terrorist group.


That leaves room for miscalculations that could keep the oil market on edge. Tehran and Washington have already misread one another’s actions, leading to a dangerous series of counter measures between the adversaries, the Wall Street Journal reported on Thursday.


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https://www.cnbc.com/2019/05/17/trump-aims-to-cool-mideast-tensions-but-iran-likely-not-ready-to-talk.html