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John Bolton likely to turn up heat on Iran and boost oil prices

Public Policy
  • The appointment of John Bolton as his national security advisor signals President Trump is now looking to pursue a more hard-line approach against U.S. adversaries, like Iran or Venezuela.
  • Bolton, a former U.N. ambassador, has said the U.S. should act pre-emptively against North Korean and Iranian nuclear programs, and his arrival makes it more likely the U.S. will drop out of the Iran nuclear deal.
  • Oil should begin to react to geopolitical pressures around the May 12 renewal deadline for the Iranian deal and when Venezuela goes to the polls later in the month, according to analysts.

President Donald Trump‘s pick for national security advisor signals a willingness by the administration to take a more aggressive stand against U.S. adversaries like Iran or Venezuela —and that could mean higher oil prices in the very near future.

Analysts said the appointment of John Bolton, former U.N. ambassador, makes it even more likely that the Trump administration will withdraw from the Iran nuclear deal when it is up for review in May, and tensions could ramp up against the Middle Eastern country. Bolton succeeds H.R. McMaster, who resigned.

“I can’t think of a more hawkish appointment than John Bolton,” said Helima Croft, global head of commodity strategy at RBC. “He’s a powerful advocate for a confrontational approach.”

Croft also said the appointment leaves the question of whether Defense Secretary James Mattis looks like he’s the only one representing a moderate foreign policy at this point. “Are the Iranians seeing the writing on the wall? Will they curb their activities? His appointment should put the fear of God in them, but who knows.”

Bolton has advocated for pre-emptive action against both Iran and North Korea because of their nuclear programs. His first act may be to successfully encourage Trump to end the Iran nuclear deal, struck with Iran by the U.S., some members of the European Union and other countries as a way to curb its nuclear program in return for ending sanctions on the country, including its oil.

Mattis and former Secretary of State Rex Tillerson had been reluctant to abandon the Iran deal, which also included China and Russia. Further financial sanctions against the country have also been discussed.

Venezuela’s economic crisis is complicating matters and damaging its energy production capabilities. Venezuelan President Nicolas Maduro is running for re-election despite the objections of the U.S. and other countries that the election is unfair. Venezuelan oil already is coming off the market, and could continue to decline as the country’s energy infrastructure deteriorates.

“Even if it’s just additional sanctions on Iran, that could hurt investment in the country and reduce flows of their oil. The market would really miss their oil this time around because of Venezuela,” said John Kilduff of Again Capital. “Because of Iran’s advanced ballistic missile capabilities, the other countries have offered additional sanctions to try to keep Trump in the nuclear pact.”

Oil prices were higher Friday, with West Texas Intermediate futures trading over $65, a nearly 2 percent gain. Gold, benefiting Friday from fears about trade wars, could also gain if the U.S. becomes more aggressive, not just with Iran but others like Venezuela or North Korea. Gold futures for April rose 1.5 percent Friday, to $1,347 per ounce.

Croft said May will be important for oil prices, with the Iran deal up for renewal May 12 and the Venezuela election on May 20. “If they go forward with those elections, we could see much more coercive economic policies toward Venezuela. That’s when the oil market might start paying attention,” she said.

“The oil market is underappreciating the importance of the personnel changes,” she added. “They’re underpricing the personnel changes.”

Global oil demand has been improving and the pact between OPEC and Russia has helped steady prices and send them higher. Growing U.S. production from shale fields like the Permian Basin has added supply while Russia and Saudi Arabia have reduced theirs.

Kilduff said geopolitical tensions have moved prices higher recently, including anti-Iranian comments from Saudi Crown Prince Mohammed Bin Salman, who said that if Iran develops a nuclear weapon, so will Saudi Arabia.

In an interview on CBS’ “60 Minutes,” the prince also compared Iran’s supreme leader, Ayatollah Khamenei, to Adolph Hitler. The prince is currently in the U.S., and met with Trump earlier this week.

Saudi Arabia and Iran are engaged in a proxy war in Yemen, and are at odds on Syria, which Iran has supported.

Croft said if the U.S. drops out of the nuclear deal it could take an even harsher posture toward Iran. “The question is, are we talking about efforts to economically isolate Iran, or are we talking about efforts to change the regime?” she said. “This is where the Permian makes things different. If this had been 2010, oil would be much higher. There’s a view that U.S. short cycle oil makes a difference. We could just make up for anything.”

But Croft doesn’t see proof that U.S. shale could make up for a shortfall in the world market.

“I haven’t gotten any evidence,” she said. “I don’t see any signs that OPEC is going to be quick to rush in and save things.” She said with the changes in Washington, it’s possible there could be 200,000 to 300,000 Iranian barrels off the market by the fourth quarter, and Venezuelan production losses could total 1 million barrels.

Bolton served in the Reagan administration, and President George W. Bush named him undersecretary of state for arms control and international security. Bush also appointed him as his representative to the U.N., which Bolton called irrelevant. Ultimately, Congress blocked his confirmation and he had to step down from that role.

“Bolton is the hawk’s hawk,” wrote Cliff Kupchan, chairman of Eurasia Group. He noted that besides pushing for pre-emptive strikes on North Korea’s nuclear program, he has criticized the planned Trump-Kim Jong Un summit as useless.

“He’s a fierce opponent of the Iran nuclear deal. In 2015, before the deal, Bolton penned an op-ed titled ‘To Stop Iran’s Bomb, Bomb Iran.’ Bolton’s appointment will likely make US policy on both hot-button issues more hardline,” added Kupchan. “At least on the margins, the chance of a strike on North Korea goes up, of successful US-North Korea diplomacy goes down, and the Iran deal is in even more trouble.”

CNBC



221 Comments on "John Bolton likely to turn up heat on Iran and boost oil prices"

  1. joe on Sun, 25th Mar 2018 5:10 pm 

    Sorry cloggie you don’t make sense ‘slavic’ is not white. White, is an American/imperialist concept from slavery and empires. The EUSSR is going the other way. You gloat about Brexit as if it will save you. Russia is almost 20% muslim and not white, did you even know that?

  2. Boat on Sun, 25th Mar 2018 5:21 pm 

    Clog

    Errt…. here’s a little hint. Control the air dude. Your dumb ass leader was not a smart military man. He was a master at propaganda. Everybody can be a bagdad Bob. Better have plenty of planes if your the one to write history.

  3. Cloggie on Sun, 25th Mar 2018 5:29 pm 

    “Russia is almost 20% muslim and not white, did you even know that?”

    No, because it is not true. 10.9% Muslims and largely segregated in Caucasus and Siberia. European Russia is at least 90% Russian:

    https://en.wikipedia.org/wiki/Demographics_of_Russia

    I don’t like that term “white” either. Gives associations with vitamines deficiencies and too many hours of screen time. Russians are European because they are Christian and because they consider themselves European:

    https://deepresource.wordpress.com/2012/06/23/russia-plays-the-european-card/

    https://documents1940.wordpress.com/2017/12/03/paris-berlin-moscow/

    Russians are ready to become European, very much unlike Americans, who love to delude themselves in thinking they are “exceptional”, a thought planted into their brains by their kosher masters via their media, with the intention to stimulate their serfs to go out and fetch the world for them. It worked for a centure but the end of that routine is in sight. Please go to your battle stations.

  4. Boat on Sun, 25th Mar 2018 9:36 pm 

    Clog

    The US indeed could have ruled the world but instead gave those countries back to their citizens. The world became your oyster because the US cracked open the Shell.

  5. MASTERMIND on Sun, 25th Mar 2018 9:48 pm 

    We can power our world with Win…

    https://i.imgur.com/RlcnTvy.gifv

  6. DerHundistlos on Sun, 25th Mar 2018 9:58 pm 

    Bolton “The Walrus” and our Dear Leader both claim to be military hawks. Why? Both of these losers avoided military service by obtaining multiple medical deferments.

    It’s always the ones who never served that fail to appreciate the suffering and hell as a consequence of war.

    We lost an intelligent and thoughtful military advisor with the resignation of H.R. McMaster from the Trump debacle. The resignations are flying. No sense going down with a loser who has zero loyalty.

    They are dangerous people.

  7. DerHundistlos on Sun, 25th Mar 2018 10:01 pm 

    Sure, Davy, even when I provide you with references, as with your last BS lie that Kunstler’s predictions have been “spot-on”. Liar, shall we go through this exercise again to prove my point?

  8. DerHundistlos on Sun, 25th Mar 2018 11:27 pm 

    Davy, your contention that this site is filled with liberal Democrats is utter BS- another whooper. I’m the ONLY Democrat on this site, while you claim an entire stable of Republican partisans- Theedrich, Joe, Rockman, The Nationalist, plant, just to name a few.

  9. Cloggie on Sun, 25th Mar 2018 11:55 pm 

    “but he was right that the little Austrian Corporal was a bad egg and had to go.

    Why?”

    Just like with Davy, joe is unable to provide a coherent defense of why WW2 was the good war, no surprises here.

    WW2 was the war of the youknowwhos against the entire white race and the first won, Thanks to Anglos and Soviets. But Davy and joe do not want to admit it. Davy because he simply doesn’t understand it, joe because he doesn’t want to admit it.

    And now the Anglos are going to be thrown against Iran and by proxy against Russia and China. Good luck with that, especially from Brussels. Brexit could not have come at a better moment. [insert vile nazi grin here]

    The Soviet nightmare is over.
    The Anglo nightmare soon.

  10. Cloggie on Mon, 26th Mar 2018 12:01 am 

    I’m the ONLY Democrat on this site, while you claim an entire stable of Republican partisans- Theedrich, Joe, Rockman, The Nationalist, plant, just to name a few.

    Really?

    Joe, plant and the Nationalist are Britons.
    Theedrich posts at European hours (expat?) and is skeptical against the entire US political system.

    And folks like Sissyfuss, boat, BobInget and a host more most likely vote Dems.

    I bet that most posters here are “green-left” of the doomer variety and likely vote Democrats.

    Perhaps it looks like the Right dominates because they write longer, more coherent stories.lol

  11. Cloggie on Mon, 26th Mar 2018 12:08 am 

    We can power our world with Win…

    https://i.imgur.com/RlcnTvy.gifv

    Of course we will, all Dutch trains for instance are (virtually) powered by wind:

    https://www.youtube.com/watch?v=mpmN2S_frzg

    https://www.youtube.com/watch?v=a7WNlMTbHjw

    But remember millimind, wind turbines don’t grow like trees, but need to be built. And that’s exactly where the problem lies, eh, old depressed nihilistic doomer. You prefer to sit on your hands and smell you own farts. And wait for the upcoming communist revolution in which you hope to be able to rape Taylor Swift.

    Pathetic clown.

  12. Davy on Mon, 26th Mar 2018 4:52 am 

    “Sure, Davy, even when I provide you with references, as with your last BS lie that Kunstler’s predictions have been “spot-on”. Liar, shall we go through this exercise again to prove my point?”

    References dumbass then we will discuss the context and the meaning you rabid dog. Are you off your meds or going into an 80 year old senility?

    BTW, Kunstler is spot on the overall picture of decline and decay and what may be ahead. Your cherry picking of predictions is an out of context exercise in trying so hard to discredit the guy. The fact that one of your own card carrying Dumbcrates has turned on you is telling. How can you with a straight face deny the stench from the previous administration? You are one warped blind lying liberal.

  13. Davy on Mon, 26th Mar 2018 4:56 am 

    “Davy, your contention that this site is filled with liberal Democrats is utter BS- another whooper. I’m the ONLY Democrat on this site, while you claim an entire stable of Republican partisans- Theedrich, Joe, Rockman, The Nationalist, plant, just to name a few.”

    Try again der dumb, There are no regular hardcore Republicans that constantly harp the political BS we see on this board out of you and others. The reason it is politicized is people like you. Rarely do we have a conservative Republican speak here or else he is torn to shreds. A conservative Republican is a science denier and science deniers are not tolerated here.

  14. Davy on Mon, 26th Mar 2018 5:05 am 

    “Just like with Davy, joe is unable to provide a coherent defense of why WW2 was the good war, no surprises here.”
    Shut up Nazi, we have the basic history everyone else has. We are smart enough to discount the propaganda and retain the basics that is part of scientific analysis. We don’t cherry pick and use that subterfuge to confuse and distort what happened. We don’t do 2 sentence references with obscure characters and say “see here is the truth”. We are not conspiracy addicts. Besides I am over WWII shit but you are obviously are not I presume because you got your ass kicked twice. First by the Nazi’s you now love and the second time by the allies you now hate that walk across your lands.

  15. fmr-paultard on Mon, 26th Mar 2018 6:33 am 

    der i’m a libtard.
    proof i like women, i want them to enlist and kill to gain powa. i don’t do it because i want them to die. everyone dies.
    i like musics, P!NK especially.

    I’m only a blue republican for a while to vote for president paul.

  16. fmr-paultard on Mon, 26th Mar 2018 6:40 am 

    der it’s mind boggling but i started noticing certain individuals not caring about musics at all. when i realized this i found the world to be very strange. why is this?
    why? why 200x?
    then i discovered contards don’t like musics. in general they don’t. this includes supertards too, i’d say.

    anyways i was big into taylor swift and justin bieber. i was a believer . then i got tired of it and tried classical. i loved it but sex in musics pulled me back.

    https://www.youtube.com/watch?v=1KlMyWL_SzY

  17. MASTERMIND on Mon, 26th Mar 2018 8:23 am 

    Trump expels 60 Russian diplomats, shudders Seattle consulate

    https://www.yahoo.com/news/poland-summons-russias-ambassador-over-spy-case-123355904.html?soc_trk=gcm&soc_src=bad81b5f-db87-38f1-ad4e-b7e8e737f190&.tsrc=notification-brknews

    The wood has been slowly dried for some major future event, and a false flag event will be like a lit match on the kindling. The media will pick it up and run with it full-throttle, and people will be herded by fear toward the war door.

  18. Boat on Mon, 26th Mar 2018 9:00 am 

    Paultard

    If you like music and the ladies, this song is for you.

    Green Eyed Ladie ….by sugar loaf.

  19. Boat on Mon, 26th Mar 2018 9:04 am 

    Mm

    Putin needs to be slowed a bit. Unfortunately the EU may have to go without Russian gas and oil for a couple years.

  20. BobInget on Mon, 26th Mar 2018 9:42 am 

    Union officials say #Venezuela’s #PDVSA will close three of its four large domestic refineries (Cardon, Puerto La Cruz, El Palito) indefinitely in the next few weeks due to a lack of crude to process and staff shortages #OPEC #OOTT

  21. Davy on Mon, 26th Mar 2018 10:01 am 

    bob, where are them there Chinese and Russians you talk so charmingly about? Seems to me they should have suitcases full of money ready to save the day and give the yankees an education. This is what you have been cheerleading now for 2 years. Sounds more like some bad money for the Chinese and Russians.

  22. GregT on Mon, 26th Mar 2018 10:46 am 

    “and give the yankees an education.”

    Hmmm, that’s strange Davy. Normally when you refer to all things yankee, you use descriptors such as ‘we’, ‘our’, or ‘my’. Considering the fact that both you and Bob are yankees, why the need to use the third person? Should that not be “give ‘us’ yankees an education”? Or “give ‘we’ yankees an education”? Or did you burn your flag, and no longer consider yourself to be a yankee?

  23. GregT on Mon, 26th Mar 2018 10:52 am 

    “Besides I am over WWII shit but you are obviously are not I presume because you got your ass kicked twice.”

    Translation: Davy is still unable to formulate a considerate, coherent, and/or intelligent rebuttal.

    La la la la la, I can’t hear you……..

  24. Davy on Mon, 26th Mar 2018 11:06 am 

    Greggie, we are not Yankees here in the Ozarks. I would expect that out of you. You are the ultranationalistic anti-American west Coast Canadian experts on anything anti-American but expert on little else American.

  25. GregT on Mon, 26th Mar 2018 11:08 am 

    MM: “The media will pick it up and run with it full-throttle, and people will be herded by fear toward the war door.”

    Boat: “Putin needs to be slowed a bit. Unfortunately the EU may have to go without Russian gas and oil for a couple years.”

    Boat would obviously be a member of the above mentioned herd. Actually, flock is probably more appropriate.

  26. GregT on Mon, 26th Mar 2018 11:14 am 

    “Greggie, we are not Yankees here in the Ozarks.”

    Then which yankees were you referring to Davy, that the Russians and the Chinese are going to give an education?

  27. Anonymouse1 on Mon, 26th Mar 2018 11:23 am 

    Don’t forget them filipinos now. The third, and arguably most evil and reprehensible group in dumbass’s axis of evil.

  28. Davy on Mon, 26th Mar 2018 11:32 am 

    Dumbass, lighten up then you would understand. Oh, I forgot you don’t have a light side.

  29. Davy on Mon, 26th Mar 2018 11:38 am 

    Weasel, I bet you miss your buddy billy 3rd world. He lovingly call you anon. You guys were a nice couple.

  30. Davy on Mon, 26th Mar 2018 11:43 am 

    Greggie, what rebuttals is needed? Do you expect me to agree with you that Hitler was a victim because he did not want war? I bet you are a holocaust denier too. What a numb nut conspiracy addict. No wonder the nedernazi is your best friend now.

  31. GregT on Mon, 26th Mar 2018 11:47 am 

    Just to be perfectly clear Davy, the word yankee means different things to different people. Around these parts, and I’m sure in much of the rest of the world, it is a derogatory word generally used to describe ugly Americans such as yourself, and does not apply to the vast majority of great American people. One commonly used phrase globally, would be “Yankee go home”.

  32. GregT on Mon, 26th Mar 2018 11:55 am 

    Whether one agrees with him or not, Cloggie has formulated an argument Davy. You, being the brilliant guy that you are, should have absolutely no problem with blowing that argument clean out of the water.

    Where is your coherent rebuttal Davy? You have been asked numerous times, and still nothing but your usual name calling, childish rhetoric, and delusional accusations.

  33. Davy on Mon, 26th Mar 2018 11:57 am 

    “yankee means different things to different people.”

    no shyt sherlock. Boy, they grow em smart up there in the butthole of the Continent.

  34. Cloggie on Mon, 26th Mar 2018 12:04 pm 

    “Just like with Davy, joe is unable to provide a coherent defense of why WW2 was the good war, no surprises here.”

    Shut up Nazi…

    Meathead has yet to grasp the meaning of a discussion forum. He gets very uptight when confronted with WW2 because he knows he has to mobilize himself to tell lies he doesn’t believe in himself. And every time he does he loses even more self-respect, in his case already in short supply.

    we have the basic history everyone else has. We are smart enough to discount the propaganda and retain the basics that is part of scientific analysis. We don’t cherry pick and use that subterfuge to confuse and distort what happened.

    Absolute empty filler text. Meathead says precisely nothing. He desperately avoids to make any statement about WW2, because he knows if he does, I’ll finish this intellectual lite-weight and his lies off once and for all.

    We are not conspiracy addicts.

    What conspiracy? What is it you don’t understand about the easy to verify fact that your overlords declared war on Germany as of 1933 and systematically began to surround Germany together with Churchill and Stalin, using Poland as the useful idiot to get the war started, exploiting the Versailles-situation, enabled by a whopping 29% global GDP, USSR 13%, British empire 11%, France 6% and Germany only 11%. The German position was hopeless from the beginning.

    Besides I am over WWII shit

    No you’re not, because you keep on sniping with your “Natzi” epithets. But the time that third rate Europeans from the Ozarks can keep shitting on Europe are long gone. Expect a direct kick under your fat ass every time you try. You are the enemy of Europe, European-America and the rest of the world, so you need to be fought. Fought hard. With any means.

    Take it from me pall, with Washington you are betting on the wrong horse. But sleazy Dave reckons he can always sneak out to Italy if the ground gets too hot under his exceptionalist feet and sew a Canadian flag onto his silly MAGA hat, while exclaiming how much he loves Europe and hates George Soros.

  35. Davy on Mon, 26th Mar 2018 12:04 pm 

    greggie, I have no need to blow his argument clean out of the water. He does a fine job of that himself. You are the only one on this board who agrees with him that Hitler was a victim because he didn’t want war.

    “calling, childish rhetoric, and delusional accusations.”

    Oh, shut up you hypocritical prick. You are constantly engaging in your ant-American pricking. You attack people routinely and in a mentally unstable way. Remember that drunk night in November when you told me you wanted to ass fuck me? You have serious problems and this is probably why you have a therapist. I am surprised you still have a family.

  36. Davy on Mon, 26th Mar 2018 12:07 pm 

    more nazi wwii propaganda from the nedernazi. This is daily occurrence and no doubt the nazi’s boyfriend greggie will be on soon to enable his trash.

  37. Anonymouse1 on Mon, 26th Mar 2018 12:10 pm 

    So the filipinos don’t even rate an honorable mention these days exceptionalist? And to think, they used to be evil incarnate too…

    What happened? Did the Philippines side into the ocean or something?

  38. GregT on Mon, 26th Mar 2018 12:11 pm 

    “Oh, shut up you hypocritical prick.”

    Name calling.

    “You are constantly engaging in your ant-American pricking.”

    Childish rhetoric, and delusional accusations.

    Where is your coherent rebuttal Davy? Step up to the plate.

  39. Davy on Mon, 26th Mar 2018 12:13 pm 

    But, but, but, we Eurotards are doing so well…you know the golden century is now
    “European Stocks Enter Correction As Bank-Battering Continues”
    https://tinyurl.com/ycty4hj5

    “Europe’s Stoxx 600 index is now down over 10% from its January highs, officially entering correction…As (major exporter) Germany leads the drop this month…And bank stocks continues to get battered…Though we note that the last two weeks have seen US banks underperform EU, as credit risk spikes on global funding stress…”

  40. GregT on Mon, 26th Mar 2018 12:13 pm 

    “greggie, I have no need to blow his argument clean out of the water. He does a fine job of that himself.”

    Translation: Davy is still unable to formulate a considerate, coherent, and/or intelligent rebuttal. Nothing, zero, nada, zilch.

  41. Davy on Mon, 26th Mar 2018 12:15 pm 

    “they used to be evil incarnate too…”

    I like Filipinos. What I did not like was billy 3rd world polluting this site with his daily filipino propaganda.

  42. GregT on Mon, 26th Mar 2018 12:15 pm 

    https://tinyurl.com/ycty4hj5

    More of the usual Zerohedge disinformation.

    https://www.zerohedge.com/news/2018-03-26/european-stocks-enter-correction-bank-battering-continues

  43. GregT on Mon, 26th Mar 2018 12:17 pm 

    “What I did not like was billy 3rd world polluting this site with his daily filipino propaganda.”

    What you can’t stand, is that one of your fellow Americans has had enough of the constant warmongering of his government, and has chosen to live somewhere else.

  44. Davy on Mon, 26th Mar 2018 12:17 pm 

    Translation: greggie is unable to comment on his stance that Hitler was a victim because he did not want war. greggie, you still did not answer my question, are you a holocaust denier?

  45. GregT on Mon, 26th Mar 2018 12:27 pm 

    I am not a holocaust denier, and I am not in support of Hitler.

    Still patiently awaiting your considerate, coherent, and/or intelligent rebuttal Davy.

    You do have one, right?

  46. Davy on Mon, 26th Mar 2018 12:28 pm 

    “What you can’t stand, is that one of your fellow Americans”

    I am so glad billy 3rd world is not polluting this board with his daily puke, BTW, puke that you promoted and enabled. greggie, you loved his redundant and intellectually lame anti-American propaganda. Kind of like the nedernazi and his noise you support and enable (closet nazi). You love anything anti-American and the more the better. greggie are you sad billy 3rd world is gone?

  47. Davy on Mon, 26th Mar 2018 12:35 pm 

    greggie, but, but, you have said Hitler was a victim because he did not want war.

    “I am not in support of Hitler.”
    No shyt sherlock. Hitler is dead.

    “I am not a holocaust denier”
    Uh Oh, the nedernazi will be upset with you. He is the board holocaust denier.

    nedernazi, “what you say” about your buddy greggie denying holocaust denying and not supporting your great god Hitler?

  48. Cloggie on Mon, 26th Mar 2018 12:36 pm 

    But, but, but, we Eurotards are doing so well…you know the golden century is now

    Meathead diverting attention away from the subject he fears most: WW2.

    are you a holocaust denier?

    Give me one name and proof of somebody who was gassed and I’ll eat my hat, Meathead. Victor justice is no justice.

    https://documents1940.wordpress.com/2017/09/26/an-embarrassing-discovery/

  49. Cloggie on Mon, 26th Mar 2018 12:39 pm 

    Translation: greggie is unable to comment on his stance that Hitler was a victim because he did not want war. greggie, you still did not answer my question, are you a holocaust denier?

    That’s rich for somebody who himself is unwilling to summarize WW2 in a few sentences.

    One name, Meathead. And proof.

  50. Davy on Mon, 26th Mar 2018 1:02 pm 

    Nedernazi, you need to address your comment to greggie. I bet you thought he was in bed with you. Looks like he is now rejecting you. I know, he waffles around depending on the day and his mood. He is a squirrelly little shit. He is unsure of his sexuality too.

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