Defining and balancing energy sovereignty with national needs in an era of change
Discover how nations balance energy sovereignty with domestic economic needs, international trade, and technology partnerships on Energy Connects.
In an op-ed for Roll Call, Center Program Director Richard Nephew and Elizabeth Rosenberg of the Center for a New American Security argue that it is far preferable to conclude a deal with Iran that addresses enrichment concerns via direct diplomacy and that a move to sanctions measures could compromise any chance to resolve the nuclear issue peacefully. However, they note that since sanctions may be necessary if a deal is not reached, it is prudent for Congress and the Administration to initiate contingency planning on an effective strategy and legal authorities to respond in the event that Iran cannot conclude a deal or cheats after it is agreed.
When the Strait of Hormuz closed, China's crude imports fell steeply, cushioning the price impact on global markets.
Reporting in the New York Times suggests a key element in the Trump administration's Russia-Ukraine peace plan involves Europe resuming Russian gas imports.
Last week's summit between US President Trump and Chinese President Xi was the second meeting between the two leaders since the US and Israel attacked Iran.