The US is committed to Middle East political stability, the Trump Administration’s top energy diplomat told S&P Global Platts, with robust American oil production tamping down market volatility and close ties with allies in the region helping to constrain Iran. Now Analysts warn that threats from Iran to regional energy infrastructure and shipping remain high in the wake of the US killing of Iranian general Qassem Soleimani. But stiff US sanctions that deprive Tehran of crucial revenue will crimp the regime’s ability to finance destabilizing activities against its neighboring countries, ultimately boosting energy security, said Francis Fannon, assistant secretary in the US State Department’s Bureau of Energy Resources. “Our objective was to deprive them of this revenue. In so doing, we’ve taken more than 2 million b/d off the market,” Fannon said Sunday in an interview. “We’ve deprived […]