Pompeo set to meet oil executives, push US crude exports, Iran issue

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Pompeo set to meet oil executives, push US crude exports, Iran issue

US secretary of State, Mike Pompeo would be meeting with top oil executives before addressing a conference scheduled to be held later on Tuesday (March 12th), at least three people of companies briefed on the subject matter revealed earlier on Tuesday (March 12th).

The sources also added that the US secretary of State would be seeking assistance from top oil executives to boost US crude exports in to Asia and to back Trump Administration’s policy of Iran quarantine over crude export agenda.

Tuesday’s (March 12th) meeting with top oil executives would remark a new approach of White House to address industry executives as part of Trump Administration’s “energy dominance” agenda. The news of an advanced level meeting with industry executives on critical diplomatic and political mandates came forward, after Paris-based International Energy Agency (IEA) commented yesterday (March 11th) that the United States would be leading the global crude supply and controlling the markets alongside prices within next five years.

According to an official schedule, following the meeting with top oil executives on Houston, Pompeo would be speaking at HIS Markit’s CERAWeek conference, the largest annual gathering of US oil and gas industry. According to one of the industry three spokesmen familiar with the Houston talk, executives from major oil companies such as Total SA, Royal Dutch Shell PLC, Chevron Corp, Occidental Petroleum Corp and ConocoPhilips were invited in a closed door meeting, as an attempt to boost US energy dominance in Asia and further isolation of Iranian crude.