MNI: Political Drivers for Energy Markets - Feb 9-15
Feb-09 14:16By: Andrew Couper
Executive Summary:
- US-Iran indirect talks in Oman resumed February 6, called "very good" by Trump with more planned next week, though Iran rejected zero enrichment and limited scope to nuclear issues only.
- US-India interim trade framework released February 6 lowers US tariffs to 18% (removing Russia oil penalty) for India's halt on Russian oil imports and $500bn US goods purchases over five years, including energy. Full cessation of Russia oil remains uncertain.
- Zelensky said US targets Russia-Ukraine peace by June 2026 with delegations to meet soon in the US. The lack of progress has seen Trump's focus shift elsewhere.
