Iran’s return to world oil markets ///

Iran could reshape global oil markets with its imminent return, following an agreement to curb the country’s nuclear program. The July 14 agreement, between Iran and the P5+1 countries (China, France, Russia, the UK and the U.S., plus Germany) seeks to resolve the impasse between the parties, lifting economic sanctions in exchange for constraining Iran’s nuclear program. The potential impacts on oil could affect producers, consumers and governments, worldwide.

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