Nuclear deal will send huge oil deposit on the market

Tuesday marks the deadline for a nuclear deal between Iran and the US. If a deal is agreed upon, Iranian oil tankers will be standing by with huge oil deposits which could create fluctuations in the market.
Photo: Vahid Salemi/AP/POLFOTO
Photo: Vahid Salemi/AP/POLFOTO
BY RITZAU FINANS

Tuesday marks the deadline for a nuclear deal between Iran and the US. If a deal is agreed upon, Iranian oil tankers will be standing by with up to 45 million barrels of oil which could create fluctuations in the market, and there is a prospect of increased oil production from the OPEC country going forward, assesses an oil analyst according to Norwegian newspaper Dagens Næringsliv.

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