Iran Says Ready for Talks With Arab States Without Preconditions – What about Israel and what does this mean for oil?

Energy News Beat Publishers Note: What this means to energy: Notice Israel is not on Iran’s list of countries to “get along with”, and with the Biden administration begging to get back to an Iran nuclear deal, Iran will pump as much oil as it can for cashflow. They will excide all production quotas implemented by OPEC, and OPEC +. The same Biden Iran Nuclear Deal negotiator used with the Obama/Biden administration gave Iran 1.6 billion and they still produced weapons-grade uranium. 

Iran is ready for talks with its Arab neighbors “without preconditions,” the country’s foreign minister said as nations such as the United Arab Emirates and Bahrain normalize their relations with the Islamic Republic’s arch-enemy Israel.

“Iran is ready without preconditions to sit down and talk with Arab neighbors,” Mohammad Javad Zarif said in an interview on state-run Press TV. “We want to live in good relations with our neighborhood. We want to have a strong neighborhood.”

The UAE and Bahrain last year normalized their ties with Israel in a historic shift for the Middle East as the Jewish state achieves official legitimacy and broad commercial ties in the heart of the Persian Gulf. Underpinning the rapprochement was a shared distrust of Iran, its nuclear program and its growing influence in the Middle East through a network of militant proxies.

Iran’s Supreme Leader Ayatollah Ali Khamenei said last year the UAE’ decision to normalize ties with Israel was a betrayal of the Arab and Muslim worlds and unlikely to last.

“If they believe they can buy security from Netanyahu, they can be my guest,” Zarif said on Sunday, referring to Israeli Prime Minister Benjamin Netanyahu.

Bloomberg

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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.