An Iran nuclear deal revival could dramatically alter oil prices — if it happens

An Iran nuclear deal revival could dramatically alter oil prices — if it happens

  • “Should the nuclear deal be revived, 1-2 million barrels per day of extra oil could hit the market in a comparatively short period of time,” one commodities analyst told CNBC.
  • Iranian negotiators in mid-August expressed optimism about the prospects for an agreement, with one advisor saying “we’re closer than we’ve been before” to securing a deal.
  • But so far, it seems there are a few remaining sticking points that are proving difficult to resolve.

https://www.cnbc.com/2022/08/31/an-iran-nuclear-deal-revival-could-dramatically-alter-oil-prices.html


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