Iran Proposes Joint Oil Investment with U.S. to Secure Nuclear Deal Longevity

Hamid Ghanbari, a senior official at the Iranian Foreign Ministry, has proposed a landmark joint investment initiative in the oil and gas sector with the United States. The proposal is designed to bolster the durability of a potential new nuclear agreement by ensuring the U.S. gains direct economic benefits. These statements signal Iran's strategic shift toward closing a diplomatic deal and mitigating the risks of regional military escalation. By offering economic incentives, Tehran aims to prevent a repeat of past withdrawals from international agreements by the U.S. administration. Market analysts suggest that such a development could exert downward pressure on global benchmarks like Brent Crude and WTI. The reduction in geopolitical risk premiums and the prospect of increased Iranian supply are key factors driving this bearish outlook for energy prices.