Brent swooped after flying to $ 70 a barrel. The inflation alarm weighs heavily, but also the approach of an Iranian nuclear agreement: with US sanctions removed, Tehran could more than double exports
by Sissi Bellomo
(REUTERS)
Iranian oil is preparing to return to the market, with export flows back in the open, which could more than double compared to current clandestine sales rising to 2.5 million barrels a day.
Negotiations for a new nuclear deal are in final tightening, with good prospects of success according to the Tehran negotiators, who have been optimistic after the last round of meetings in Vienna. If all goes smoothly, Washington should soon remove …
