While NATO’s new Strategic Concept is marginalizing Russia and Iran, these two countries have participated in the Caspian Summit in order to turn their geopolitical position to an advantage against the pressure.
Due to its national interests, Türkiye remains at an equal distance from two critical states of the Middle East, Saudi Arabia and Iran.
Consequently, Türkiye utilized its balancing impact in favor of Iran in the Maximum Pressure policy era, may facilitate that influence to contain Iran’s adventurism under the new conditions.
Uncertainty in the Vienna talks and the developments in the region may slow down the implementation of the 25-year agreement between Iran and China.
Additional supplies from alternative countries like Iran, as well as the length of time required for Russian oil replacement, will be the factor reducing uncertainty upon the oil market.