Energy Crunch Amid Russia-Ukraine War Germany Holds Secret Talks With Iran
Germany is reportedly holding secret talks with Iran as it seeks out alternatives to Russian energy amid the war in Ukraine. Germany’s secret talks about a possible oil deal with Iran could push Scholz to break ranks with his EU counterparts. Germany is one of four EU countries that showed a significant positive trend in trade with Iran in 2020. it’s unclear how Germany would buy gas from Iran at this time because of US sanctions on the country’s energy sector. However, Germany expects a nuclear deal between the West and Iran will pave the way for a possible oil deal.
0:00 - INTRODUCTION
1:57 - GERMAN-IRAN OIL DEAL AT ODDS WITH EU AMID WAR
3:35 - IRAN AS RUSSIA’S ALLY IN THE WAR