It will take a while before Iran again will achieve the level of oil production seen before the Western sanctions were implemented, according to an analysis from Global Risk Management in which the company assesses the developments in the global oil market.
First, the deal made between the parties in Lausanne in Switzerland last week will need to be approved in both Washington and Tehran, and the political framework agreement for Iran's nuclear program will be negotiated and finalized in the coming months with a deadline at the end of June.
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