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Iran's Secret 25-Year Trade Pact With China May Really Be A Military Deal

Iranians only have online speculation to guess how much the country's clerical regime has conceded to China as part of the New Silk Road initiative. There are now reports of 5,000 Chinese security agents being deployed in Iran to "protect" Chinese personnel working in the oil sector. ....

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Iran readies oil export capabilities as U.S. sanction talks advance


Iran readies oil export capabilities as U.S. sanction talks advance
By Anthony Di Paola, Arsalan Shahla and Grant Smith on 5/17/2021
LONDON (Bloomberg) - Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress. But even if a deal is struck, the flow of additional crude into the market may be gradual.
State-controlled National Iranian Oil Co. has been priming oil fields and customer relationships so it can increase exports if an accord is clinched, officials said. Under the most optimistic estimates, the country could return to pre-sanctions production of almost 4 million barrels a day in as little as three months. It could also tap a flotilla’s worth of oil that’s hoarded away in storage. ....

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Iran Prepares for Oil Market Comeback


by Bloomberg
|Monday, May 17, 2021
NIOC has been priming oil fields and customer relationships so it can increase exports if an accord, officials said.
(Bloomberg) Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress. But even if a deal is struck, the flow of additional crude into the market may be gradual.
State-controlled National Iranian Oil Co. has been priming oil fields and customer relationships so it can increase exports if an accord is clinched, officials said. Under the most optimistic estimates, the country could return to pre-sanctions production of almost 4 million barrels a day in as little as three months. It could also tap a flotilla’s worth of oil that’s hoarded away in storage. ....

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