ShippingWatch

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

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.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs