Biden Adviser Warns of ‘Escalating Nuclear Crisis’ With Iran – How will this impact world oil is a good question?

Return to nuclear deal ‘crucial early priority,’ Sullivan says Biden chose negotiator from original deal talks as Iran envoy

Jake Sullivan Photographer: Chandan Khanna/AFP via Getty Images

Energy News Beat Publishers Note: This is one of the biggest stories that could impact world oil supply, and subsequently prices. With the Biden administration selecting the original negotiator for the Iran Nuclear deal, Iran has a confirmation that they can bypass sanctions currently emplace.  The Biden/Obama administration paid  over $1 Billion in cash to the Iran government to sign the original agreement. Let’s see how much this new agreement will cost the American Tax Payers. Stay Tuned. 

Jake Sullivan, the White House national security adviser, warned of “an escalating nuclear crisis” with Iran as the Biden administration seeks to salvage the multinational agreement that President Donald Trump abandoned.

Tehran is moving “closer and closer to having enough fissile material” for a nuclear weapon, Sullivan said at an event at the U.S. Institute of Peace on Friday. Returning to the deal intended to limit Iran’s nuclear program is a “critical early priority” for the new administration, he said.

“We would like to reestablish some of the parameters and constraints around their program that have fallen away over the course of the past few years,” Sullivan said.

The White House announced Friday that Rob Malley, who served on the Obama administration team that negotiated the original Iran deal, would serve as an envoy to the Islamic Republic. The administration has called on Iran to return to compliance under the deal, with White House press secretary Jen Psaki saying there was an opportunity to build on the existing agreement if Iran undertakes “the significant nuclear constraints” already negotiated.

The Institute of Peace event also featured Sullivan’s predecessor, Trump’s national security adviser Robert O’Brien. Sullivan’s remarks on Iran were a moment of obvious friction between the men at an event intended to signal continuity in U.S. foreign policy despite the acrimonious transition that saw Trump refuse to accept his electoral defeat and his supporters storm the U.S. Capitol.

Sullivan thanked O’Brien for the “really great partnership he provided” during a “strange and in some ways turbulent” transition, and said Biden’s team would seek to build on progress the Trump administration had made striking a peace deal with the Taliban in Afghanistan and normalizing relations between Israel and Arab states. O’Brien said he had assured allies of the country’s “strength and resilience” during the transition period.

“There are things we may differ on, whether it’s Iran or other issues, but there’s a lot of continuity and consistency,” O’Brien said.

Iran began enriching uranium at levels exceeding limits in the 2015 deal former President Barack Obama negotiated after Trump disowned the accord and implemented new sanctions. Iran’s government has insisted that the new administration remove the sanctions as a first step.

About Stu Turley 3344 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.