David E. Sanger in NYT: ‘Over the past week the Treasury Department has issued licenses for the delivery of Russian and Iranian oil already at sea. In other words, to calm the markets, the president has approved enriching an adversary that is at war with Ukraine, an American ally, and another that is at war with the United States.
So far, the effects are minimal. Brent crude closed at around $112 a barrel on Friday after the Treasury announcements.’

On Monday, after Trump had claimed that the US is in talks with Iran, Brent Crude closed at $101 a barrel, far above the $70 where it was at the end of February.

The speaker of Iran’s parliament, Mohammad-Bagher Ghalibaf, called Trump’s statement fake news.

Shortly, the markets trusted Trump more than Ghalibaf.

Trump wants to move on. Let Iran be for the Iranians.

Greenland looks appealing once again.

(a sf 2087)