{"id":595183,"date":"2019-09-18T03:50:50","date_gmt":"2019-09-18T03:50:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/there-will-be-no-talks-between-iran-and-the-us-says-irans-supreme-leader\/"},"modified":"2019-09-18T03:50:50","modified_gmt":"2019-09-18T03:50:50","slug":"there-will-be-no-talks-between-iran-and-the-us-says-irans-supreme-leader","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/there-will-be-no-talks-between-iran-and-the-us-says-irans-supreme-leader\/","title":{"rendered":"There will be no talks between Iran and the US, says Iran\u2019s supreme leader"},"content":{"rendered":"

<\/a> And now, Season 2 of how a remote-controlled plane disrupted the global oil supply:<\/b> US President Donald Trump dialed back his rhetoric about Iran\u2019s responsibility for Saturday\u2019s attack on Saudi Aramco\u2019s Abqaiq facility, which has disrupted 5.7 mn barrels of oil a day, or roughly 5% of global supply. Using more muted language<\/a> than Monday\u2019s \u201clocked and loaded\u201d tweet<\/a>, Trump said that while the US was more prepared for military conflict than at any other time in history, it was something he would like to avoid. Iran\u2019s supreme leader Ayatollah Ali Khamenei said on state television thatthere will be no talks<\/a> between Iran and the US at any level,following reports circulating about a possible meeting between Trump and his Iranian counterpart, Hassan Rouhani, at next week\u2019s UN General Assembly meeting. Khamenei said that all negotiations are off the table unless the US returns to the 2015 nuclear deal which it left in May 2018<\/a>.<\/p>\n

Mixed reports are emerging about when Aramco could resume full production:<\/b> Top Saudi officials said yesterday that output was recovering more quickly than initially forecast, and that the kingdom was close to restoring 70% of the 5.7 mn barrels per day lost, according to an unconfirmed report from Reuters<\/a>. Aramco\u2019s output could be fully back in two to three weeks, they reportedly said. This directly contradicts earlier reports, however, which suggested that it could be months<\/a> before full resumption was possible. A former corporate planning adviser to Aramco said that Abqaiq\u2019s stabilization towers, of which five out of 18 were taken out, require specialized parts that could take weeks or months to procure. \u201cDamage to the Abqaiq facility is more severe than previously thought,\u201d said a chief oil analyst at Energy Aspects.<\/p>\n

A delay to Aramco\u2019s IPO is looking possible: <\/b>Officials are reportedly discussing pushing<\/a> the company\u2019s listing on the Saudi exchange, originally slated for November, but have said they will wait for a full assessment of the damage from the attack before making a decision. While executives are expected to hold planned presentations and meetings, they are debating pushing the IPO itself until full production has resumed, sources said. There has been much speculation as to how the attacks will figure in any investor valuation, as they highlight the risk and vulnerability of Saudi\u2019s oil infrastructure. Some advisers say the market may push for a discount of as much as USD 300 bn \u2014 bad news for Crown Prince Mohammed bin Salman, who was pushing for a valuation of USD 2 tn before the attacks, even as many advisers said USD 1.5 tn was more realistic.<\/p>\n

Oil prices fell steeply on Tuesday, but general market uncertainty remains high:<\/b> Brent crude prices fell from a high<\/a> of just under USD 69\/bbl to around USD 65\/bbl towards the end of the day, and USD-denominated bonds issued by the Saudi government and Aramco also rebounded, following the Reuters report cited above, in a sign that investor concern might be abating. General market concerns, however, remain high. US consumers are being warned to expect higher energy prices in the short-term, and media outlets such as the Wall Street Journal<\/a> are asking if consumers in Asia, heavily reliant on Saudi oil, will now need to look to Iran to supply their energy needs.<\/p>\n

That\u2019s still too close to call<\/b>, as Egypt has based its fuel spending budget on an oil price of USD 68\/bbl. Its hedging contracts with international banks are capped at that price.<\/p>\n","protected":false},"excerpt":{"rendered":"

And now, Season 2 of how a remote-controlled plane disrupted the global oil supply: US President Donald Trump dialed back his rhetoric about Iran\u2019s responsibility for Saturday\u2019s attack on Saudi Aramco\u2019s Abqaiq facility, which has disrupted 5.7 mn barrels of oil a day, or roughly 5% of global supply. Using more muted language than Monday\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":595184,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[394,72,78,716,622,219,2380,117],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595183","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-aramco","tag-enterpriseam","tag-ipo-watch","tag-iran","tag-national-security","tag-saudi-arabia","tag-speed-round","tag-us","wpautop","entry"],"acf":{"mongo_id":"b6afcfe8-b98d-4c39-8267-854ec8bfa52b","is_powered_by":true,"section_story_id":"8da08b7e-3bed-4f1b-8913-14d5996a8f49","story_type":"1","photo_url":"https:\/\/ent.news\/2021\/10\/462.jpg","photo_position":"above","related_issue":[595168],"teaser":"","voice_url":""},"yoast_head":"\nThere will be no talks between Iran and the US, says Iran\u2019s supreme leader - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/18\/there-will-be-no-talks-between-iran-and-the-us-says-irans-supreme-leader\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"There will be no talks between Iran and the US, says Iran\u2019s supreme leader\" \/>\n<meta property=\"og:description\" content=\"And now, Season 2 of how a remote-controlled plane disrupted the global oil supply: US President Donald Trump dialed back his rhetoric about Iran\u2019s responsibility for Saturday\u2019s attack on Saudi Aramco\u2019s Abqaiq facility, which has disrupted 5.7 mn barrels of oil a day, or roughly 5% of global supply. 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In a statement last night, Trump called Iran agreement \u201cone of the worst and most one-sided transactions the United\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651102,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/05\/oil-price-rise-in-response-to-new-us-sanctions-on-iran\/","url_meta":{"origin":595183,"position":1},"title":"Oil price rise in response to new US sanctions on Iran","author":"enterpriseam admin","date":"5 February 2017","format":false,"excerpt":"Oil prices jump in response to new US sanctions on Iran: US crude shot up to USD 53.83 per barrel after the Trump administration imposed further sanctions on Tehran this past Friday, CNBC reports. The sanctions bar 12 entities and 13 individuals from accessing the US financial market and is\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628038,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/opec-and-allies-agree-to-pump-additional-c-1-mn-bpd-of-oil-as-of-july\/","url_meta":{"origin":595183,"position":2},"title":"OPEC and allies agree to pump additional c. 1 mn bpd of oil as of July","author":"enterpriseam admin","date":"24 June 2018","format":false,"excerpt":"Egypt\u2019s bid to tame its subsidy spending got a shot in the arm over the weekend after OPEC and other oil producers agreed to increase output starting next month, although the meeting in Vienna stopped short of outlining clear targets, Reuters reports. OPEC and other major producers said in a\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/6\/1596.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630966,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/06\/shoukry-meets-us-special-envoy-on-qatar-a-day-after-sisi-and-trump-talk-syria-iran-and-russia\/","url_meta":{"origin":595183,"position":3},"title":"Shoukry meets US special envoy on Qatar a day after Sisi and Trump talk Syria, Iran, and Russia","author":"enterpriseam admin","date":"6 March 2018","format":false,"excerpt":"Foreign Minister Sameh Shoukry met with a US delegation headed by Special Envoy Anthony Zinni yesterday to discuss updates on the Qatar boycott, a ministry statement said. This came one day after US President Donald Trump called President Abdel Fattah El Sisi to discuss \u201cthe American-Egyptian partnership on a range\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":683465,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/02\/regional-war-day-three-where-do-things-stand\/","url_meta":{"origin":595183,"position":4},"title":"Regional war day three: where do things stand?","author":"enterpriseam admin","date":"2 March 2026","format":false,"excerpt":"A pause on flights to affected areas looks set to continue with Iranian drone and missile attacks targeting airports in the Gulf","rel":"","context":"In "CATCH UP QUICK: WHAT\u2019S THE STATE OF PLAY IN THE GULF?"","block_context":{"text":"CATCH UP QUICK: WHAT\u2019S THE STATE OF PLAY IN THE GULF?","link":"https:\/\/enterpriseam.com\/egypt\/category\/catch-up-quick-whats-the-state-of-play-in-the-gulf\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/73.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":639037,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/19\/iran-says-it-will-honor-the-nuclear-deal-as-long-as-europe-the-us-do-the-same\/","url_meta":{"origin":595183,"position":5},"title":"Iran says it will honor the nuclear deal as long as Europe, the US do the same","author":"enterpriseam admin","date":"19 October 2017","format":false,"excerpt":"Iran will continue to honor the terms of its nuclear agreement with Europe and the US so long as they do the same, Supreme Leader Ayatollah Ali Khamenei said yesterday, Bloomberg reports. However, Iran will \u201ctear it to pieces\u201d if the countries on the other side of the deal back\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/595183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=595183"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/595183\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/595168"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/595184"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=595183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=595183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=595183"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=595183"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=595183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}