Will He Or Won’t He?

27 Feb 2026: Considering alternative Iran scenarios Iran, its nuclear program and the regime’s strained relationship with the U.S. and Israel is dominating the oil and tanker markets again.  Talks about a new nuclear deal are under way.  Yesterday, representatives from the U.S. and Iran concluded a third round of talks at the Omani embassy in Geneva.  Both sides agreed to move to “technical level” discussions, starting on Monday, March 2.  To pressure the Iranian regime into a deal, the U.S. has assembled its largest concentration of air and naval power in the Middle East since the 2003 invasion of Iraq.  President Trump has set an early March deadline for Iran to agree to a new nuclear deal and warned that all options are on the table if a deal is not reached.  While mediators talk about “significant progress” amid “intense” negotiations, a deal does not appear to be imminent.  The oil and tanker markets watch the back and forth with bated breath since each potential outcome could have different implications for oil prices and tanker rates.  In this Weekly Opinion, we will describe some alternative outcomes. Please fill out the form to read the article.