Posted on 09/09/2015 1:18:57 PM PDT by bananaman22
U.S. President Barack Obama’s signature foreign policy initiative – the historic nuclear deal with Iran – appears poised to fend off Congressional opposition.
After several Democratic lawmakers in the U.S. Senate came out in support of the Iran deal in recent days, the survival of the accord is all but assured. Democratic Senators Ron Wyden (D-OR) Richard Blumenthal (D-CT), and Gary Peters (D-MI) all announced their support for the nuclear deal with Iran, bringing the total number of Senators who have backed the deal to 41, enough to withstand attempts by Republicans to derail the agreement.
The deal will give international nuclear weapons inspectors access to Iranian nuclear facilities, and freeze nuclear activities for 10 years. In exchange, Iran will see sanctions relief.
That could lead to the revival of Iran’s oil industry, potentially allowing Iran to ramp up oil production and exports. Estimates vary, but Iranian officials are making ambitious statements about its comeback. Iran’s oil minister Bijan Zanganeh has said that his country will be able to ramp up oil production by 500,000 barrels per day immediately after international sanctions are removed, followed by an additional 500,000 barrels per day not too long after that.
(Excerpt) Read more at oilprice.com ...
Great.
obama trying to stick it to Texas.
Oh joy, maybe more beheadings too, we don’t have enough...
Is this a done deal?
Why the rally today?
The Iran Deal is no where done, and if any bank lends the money to obuma, they can be sued....google it...
This muslim administration is the most corrupt administration we have had since America has been founded!!!
WTI contracts are down 4% as we speak...
I welcome burning their national treasure at a low price. Let our war machines use their BTUs to free their people from the non Persian muzzie scumbags.
Democrats, the party of treason.
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