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Gas should fare better than oil under Canada’s new regime
The new federal government appears far more supportive of oil and gas than former prime minister Justin Trudeau’s climate-focused administration, but the prospects look better for the latter hydrocarbon
Letter from Europe: Western retreat raises doubts over climate leadership
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
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An all-energy stance
A balanced approach—combining hydrocarbons, renewables and emerging clean technologies—is essential for both energy security and sustainability
From green goals to ground realities
As the EU remains deadlocked over its 2040 emissions goal, the IEA has tempered its climate rhetoric, forecasting that oil and gas will continue growing over the coming decades
Hungary defends Russian energy use
Claims the country lacks alternatives to Russian oil and gas may be exaggerated, although higher costs and reduced security of supply are legitimate concerns.
Middle East doubling down on oil strength
Saudi Arabia, the UAE, Iraq and Kuwait aim to turn geological advantage into sustained geopolitical power via greater spare capacity
Indigenous opposition may slow Canadian fast-track
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States, markets and the geopolitics of gas
Geopolitics is just as significant as market factors or climate action in shaping the future role of gas
Letter from the US: Washington’s threat to oil exporters
With Trump poised to secure a majority on the Federal Reserve Board, slashed interest rates will weaken the dollar and cause economic pain for producers
Russian Deputy Foreign Minister Sergey Ryabkov (left) Chinese Foreign Minister Wang Yi (centre) and Iranian Deputy Foreign Minister Kazem Gharibabadi at a meeting in March
Opinion
Politics Iran
Danial Rahmat
Tehran
19 March 2025
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Letter from Iran: High-stakes nuclear diplomacy

Iran’s oil is caught in the crosshairs of support from China and Russia and US maximum pressure, with options becoming more and more limited

Iran's nuclear talks have once again made headlines as US President Donald Trump has threatened Tehran with a deadline—either reach an agreement or face military action. His remarks have been met with strong reactions from Iranian officials, who have emphasised they will not negotiate under pressure. Ayatollah Khamenei, Iran's supreme leader, has rejected talks with the US, deeming it a "bullying" government. He also described negotiations with the US as unwise and dishonourable, expressions that make any form of negotiation particularly challenging for Iran’s moderate government. It will be China that decides whether to preserve Iran and defend Chinese companies dealing with the Middl

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