BREAKING: Iran's Speaker of the Parliament Ghalibaf responds after Israel attacks Beirut, Lebanon, on the same day President Trump said a peace deal was coming.
He says the Israeli attacks have "shown that America either lacks the will to fulfill its commitments or the ability to do so."
"By giving the green light to the regime, you cannot gain concessions. The game of bad cop and good cop is outdated. If you lack the will and ability to fulfill your commitments, speaking of continuing the path is not possible," Ghalibaf says.
The Iran Deal appears to be at risk again.
@Megatron_ron Correct. Last week Cushing was down to critical level of 22.4 million barrels. The nominal working capacity at Cushing is 78.4 million barrels.
https://t.co/0GkrvDYSwl
“We’re raising alarm bells right now,”
- American Petroleum Institute CEO Mike Sommers
“…The oil market can’t run down to the last drop, like your car can.
Below a certain threshold, pipelines can’t maintain pressure and refineries can’t deliver all the various fuel grades their customers demand….
..Once you get to that point, then you’ll see prices shoot up,..”