Oil, Iran Talks in Crosshairs of Russia-Ukraine War
An oil processing facility at the Khurais field, Saudi Arabia.
Photographer: Maya Sidiqqui/BloombergThe Russian invasion of Ukraine could have a significant impact on Middle Eastern economics and politics.
The nuclear talks with Iran may be in jeopardy as the world powers at the negotiating table find themselves on opposite sides of the conflict. The price of world oil has already surged — Brent jumped to $100 a barrel for the first time since 2014.