“US, Iran Explore Phased Hormuz Deal as Oil Prices Fall” — what this page in the network covers. Oil prices declined as US and Iranian negotiators explored a plan that would see Tehran reopen the Strait of Hormuz. The two countries were pushing for a breakthrough on the sidelines of the United Nations General Assembly, according to a person familiar with the matter. With geopolitics at the forefront as UNGA nears its end, the potential deal could have significant implications for global energy markets.
The segment features insights from Carolyn Rodrigues Birkett, Permanent Representative of Guyana to the UN, and Cuba's Deputy Minister of Foreign Affairs Carlos Fernandez de Cossio. Their perspectives shed light on the diplomatic efforts and the broader regional dynamics at play. Additionally, Mekala Krishnan, Partner at McKinsey, joins to discuss the intersection of geopolitics and energy. The full version stays on the original page, which this listing opens directly.