Iran is in the throes of a possible revolution. Venezuela is on the edge of collapse. So are New York and New England thinking about energy sources? Nah.
On Monday, President Trump announced he was prepared to meet Iranian President Hassan Rouhani at any time and any place without preconditions. “I’d meet with anybody,” Trump said. “I believe in meetings”.
As with North Korea, Trump’s about-face confused many. The week before Trump had threatened Iran. The President warned that Iran faced the possibility of “consequences the likes of which few throughout history have suffered before.”
Calling it a humiliation, Rouhani dismissed Trump’s offer to meet. He said before any meeting took place the United States first must return to the Iran nuclear deal, from which Trump withdrew in May.
What does this all mean? How will it impact energy prices and the energy industry?
The answers are this means everything both to world peace and the price of energy. It would be wise for people to understand it.