The U.S. and other world powers haven’t made much progress in reaching a new nuclear deal with Iran, but with data showing the nation’s crude oil production at a nearly two year high, traders can’t afford to ignore the amount Iran can potentially add to global supplies. “Iran’s export capacity is approximately 2 million barrels …
The post Why oil traders should keep an eye on Iran even as nuclear talks look unproductive first appeared on Hellenic Shipping News Worldwide.
Author: Capt. John