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What will be the impact of the Iran-Russia strategic partnership on global oil prices by March 31, 2025?
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Resolution / Starting Odds
Significant increase • 25%
Significant decrease • 25%
No significant change • 25%
Mixed impact • 25%
Oil price data from major financial news outlets and market analysts
Story
Iran's President Masoud Pezeshkian to Sign Strategic Partnership Agreement with Putin on January 17, 2025, Ahead of Trump's Inauguration
Dec 26, 2024, 04:55 PM
Iran and Russia are poised to formalize their relations with the signing of a new strategic partnership treaty in the days leading up to President-elect Donald Trump's inauguration. According to reports from Newsweek, this agreement is intended to replace the existing 2002 pact and will focus on key sectors including energy, transport, and agriculture, as both nations seek to unite amid global isolation. The Iranian President, Masoud Pezeshkian, is scheduled to visit Moscow on January 17, 2025, where he will sign the comprehensive cooperation agreement with Russian President Vladimir Putin. This visit and agreement are seen as efforts by Tehran and Moscow to strengthen their ties in response to increasing geopolitical pressures.
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Moderate increase in joint energy projects • 25%
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