Oil Price Is Resilient to Mideast Tensions, Says Control Risk Partner

The video discusses the unexpected drop in oil prices below $60 a barrel in the US, despite ongoing tensions in the Middle East. It explores the implications for the US, Europe, and Northern Africa, particularly in light of Brexit. The discussion shifts to US-Iran relations, focusing on the potential for a new nuclear deal and the challenges posed by upcoming US elections. The video concludes with future scenarios involving potential flare-ups in the Middle East and the role of Gulf countries in deescalation efforts.

What are the implications of President Trump's approach to Iran on international relations?

In what ways might the Gulf countries influence the de-escalation of tensions in the region?