- Oil Prices Plunge After Trump Sends Rand Paul To Ease Tensions With Iran
by Tyler Durden, https://www.zerohedge.com/
A huge development that could roll back fast escalating tensions between Washington and Tehran in the Persian Gulf: Politico reports that Sen. Rand Paul — the outspoken anti-interventionist Libertarian Republican from Kentucky — has been handpicked by President Trump as his emissary to mediate with Iran after the Kentucky senator proposed the idea.
Trump has now reportedly signed off on the plan, first pitched over the past weekend by Paul at a golf outing as a way to avoid escalating toward military conflict with Iran, according to multiple US officials.
It’s as yet unclear just how far along the plan is, or if a potential meeting with Iranian Foreign Minister Javad Zarif has actually been agreed to, but Sen. Paul would seek to ease tensions while providing a White House exit away from the two bad options of direct conflict or continued “tanker wars” which could sink global oil markets.