How the World will Benefit from a Deal with Iran

The interim-deal with Iran should be given a fair chance, argues Friedbert Pflüger, Director of the European Centre for Energy and Resource Security (EUCERS). The world economy would benefit if Iranian oil and gas exports could be restored. The climate would benefit if the massive flaring of gas in Iran and the prevailing energy inefficiency could be reduced and renewable energy investments stimulated.

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How an Iran-US Deal Would Change the Strategic Landscape

A rapprochement between the US and Iran — now possible because of the domestic political needs of both governments — would change the global strategic landscape. A strategic rapprochement between the two once-allied states, estranged since 1979, would cut a swathe through the geo-strategic reach of Russia and the People’s Republic of China (PRC) into the Persian Gulf/Middle East, and revive the prospect of a return of the US to influence in Central Asia.

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Could Social Upheaval in Iran Spark an Oil Bull Market?

In the third century, greed got the best of Rome’s emperors. As they spent through the silver in the treasury, one emperor after another reduced the amount of precious metal in each denarius until the coins contained almost no silver whatsoever.

It was the world’s first experience with currency debasement and hyperinflation. As people saw the value of their savings evaporate, society grew angry and demanded a scapegoat. Christians became that scapegoat, and Romans turned on them with incredible violence.

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