U.S. Has Taken Two Million Barrels of Iranian Oil Off the Market

The transcript discusses Iraq's waiver on gas and power, emphasizing the conditions Iraq must meet to maintain it. It also covers the impact of sanctions on Iran, highlighting the removal of oil from global markets without causing instability. The Aramco IPO's reception in the US and its implications for US-Saudi relations are explored. Finally, the transcript addresses Iranian attacks and Saudi Aramco's commendable response.

What is a key condition for Iraq to receive a waiver on gas and power?

• Reducing military expenditure

• Developing their own nuclear program

• Demonstrating development of indigenous resources

• Increasing oil imports from Iran

What is the primary target of the maximum pressure campaign on Iran?

• Iran's educational institutions

• Iran's agricultural exports

• Iran's nuclear facilities

• Iran's energy sector that funds terrorism

How has the Aramco IPO been received in the American private sector?

• With considerable enthusiasm

• With opposition

• With skepticism

• With indifference

What was the broader impact of the attacks on Saudi Arabia?

• It led to increased oil prices

• It was an isolated incident

• It was an attack on all energy consumers

• It only affected Saudi Arabia

What was the response of Saudi Aramco to the attacks?

• They sought international military support

• They were commended for their response

• They halted all oil production

• They increased oil prices