Oil and Iran: How Renewed Sanctions Will Affect Iran and World Markets

July 18, 2018 - 1:00 pm

Washington, DC
In exiting the Iran nuclear deal, the Trump administration has vowed to drastically reduce Iran’s oil exports below figures reached during negotiations over the Joint Comprehensive Plan of Action (JCPOA). Administration officials have been traveling the globe urging importers of Iranian oil to cut purchases to zero by Nov. 4, the deadline for re-imposition of US secondary sanctions. The panel will discuss whether this goal is realistic and the impact the US campaign is having on global production and prices as well as on Iran. This event is jointly sponsored by the South Asia Center’s Future of Iran Initiative, the Global Energy Center and the Global Business & Economics Center.

The discussion will be held July 18, 2018 from 1:00-2:30 pm at the Atlantic Council. The event is open to press and on the record. 

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Atlantic Council
1030 15th Street NW, 12th Floor (West Tower Elevator) 
Washington, DC 

This event is open to press and on the record. 

VISITING THE COUNCIL: Metro and parking info


A conversation with:

Anna Borshchevskaya
Ira Weiner Fellow
The Washington Institute for Near East Policy
Amos J. Hochstein
Senior Vice President, Marketing
Tellurian Inc.
Robin Mills
 Qamar Energy

Brian O’Toole
Non-resident Senior Fellow
Atlantic Council

Sara Vakhshouri
Founder and President
SVB Energy International

Moderated by:
Barbara Slavin
Director, Future of Iran Initiative
Atlantic Council


Anna Borshchevskaya is the Ira Weiner Fellow at The Washington Institute for Near East Policy, focusing on Russia's policy toward the Middle East. She is also a phd candidate at George Mason University and a fellow at the European Foundation for Democracy. She was previously with the Atlantic Council and the Peterson Institute for International Economics. A former analyst for a US military contractor in Afghanistan, she has also served as communications director at the American Islamic Congress. Her analysis is published widely in publications such as Foreign Affairs, The Hill, The New Criterion, and the Middle East Quarterly. She is the author of the February 2016 Institute monograph, Russia in the Middle East.

Amos J. Hochstein is senior vice president, Marketing, at Tellurian Inc. Prior to joining Tellurian in 2017, he served as US special envoy for International Energy Affairs and led the State Department’s Bureau of Energy Resources. As the US “Energy Diplomat,” Hochstein oversaw global US energy foreign policy engagement and advised the secretary of state and the vice president on global energy markets. As special envoy, he led the engagement to strengthen Europe’s energy security, authored the White House Caribbean Energy Security Initiative; chaired the president’s US – Caribbean and US – Central America Energy Security Task Force; led US efforts to promote global fuel switching to natural gas and to develop stronger natural gas markets throughout Asia and South Asia and ran the program to sanction Iranian oil exports from its inception to its wind down. Working closely with the Department of Defense, he led the US efforts to diminish ISIS and other terrorist groups’ profits from energy assets. Prior to serving in the State Department, Hochstein served in a variety of senior level positions on Capitol Hill and advised energy companies entering and developing new markets.

Robin Mills is chief executive officer of Qamar Energy which he established in 2015 to meet the need for regionally-based Middle East energy insight and project delivery. He is an expert on energy strategy and economics, described by Foreign Policy Magazine as “one of the energy world’s great minds.” Prior to this, he led major consulting assignments for the European Union in Iraq, and for a variety of international oil companies on Middle East business development, integrated gas and power generation and renewable energy. Robin worked for a decade for Shell, concentrating on new business development in Iraq, the United Arab Emirates, Qatar, Iran and other Middle Eastern countries. He subsequently worked for six years with Dubai Holding and the Emirates National Oil Company, where he advanced business development efforts in the Middle East energy sector. He is the author of two books, The Myth of the Oil Crisis and Capturing Carbon.
Brian O’Toole is a non-resident senior fellow in the Atlantic Council’s Global Business and Economics program and a member of the Council’s Economic Sanctions Initiative. Prior to joining the Council, he served for 13 years in the US Government, most recently as the senior advisor to the director of the Office of Foreign Assets Control (OFAC) at the Treasury Department. As part of OFAC’s senior leadership team, he advised and coordinated work product on all OFAC-administered sanctions programs and helped to manage the agency and its more than 200 employees. O’Toole was particularly immersed in the Iran and Russia sanctions programs, including leading several delegations to Europe and Asia to explain the changes under the Joint Comprehensive Plan of Action (JCPOA). Separately from his Atlantic Council work, Brian leads sanctions compliance efforts at BB&T Corporation as a senior vice president and AML executive for sanctions.

Sara Vakhshouri is founder and president of SVB Energy International, a strategic energy consulting firm with offices in Washington DC and Dubai. Vakhshouri has extensive experience in global energy market studies, energy security and geopolitical risk, and has consulted numerous public and private sector energy and policy leaders. She has worked in both public and private sectors of the Iranian energy industry, in 2004-5 as advisor to the director of the National Iranian Oil Company International (NIOCI), the division responsible for marketing and sale of Iranian crude oil and production. She also worked as an energy investment analyst at the Oil Pension Fund Investment Company and Pasargad Energy Investment Company. Based in Washington, DC since 2009, she has advised the US government, investment banks, financial institutions, law firms and international corporations on the energy market, geopolitics of energy, and investment patterns. She is the author of The Marketing and Sale of Iranian Export Crude Oil since the Islamic Revolution

Barbara Slavin is the director of the Future of Iran Initiative at the Atlantic Council and a columnist for Al-Monitor.com, a website devoted to news from and about the Middle East. The author of Bitter Friends, Bosom Enemies: Iran, the US and the Twisted Path to Confrontation (2007), she is a regular commentator on US foreign policy and Iran on NPR, PBS, and C-SPAN.A career journalist, Slavin previously served as assistant managing editor for world and national security of the Washington Times, senior diplomatic reporter for USA TODAY, Cairo correspondent for the Economist, and as an editor at the New York Times Week in Review. She has covered such key foreign policy issues as the US-led war on terrorism, policy toward "rogue" states, the Iran-Iraq war, and the Arab-Israeli conflict. She has traveled to Iran nine times. Slavin also served as a public policy scholar at the Woodrow Wilson International Center for Scholars, where she wrote Bitter Friends, and as a senior fellow at the US Institute of Peace, where she researched and wrote the report Mullahs, Money and Militias: How Iran Exerts Its Influence in the Middle East.