Dr Carole Nakhle, CEO of Crystol Energy, is quoted in this Bloomberg article on the impact on oil prices if a nuclear deal is reached with Iran.
Dr Nakhle explains that additional barrels will, of course, put some downward pressure on prices. Still, the effect of releasing oil from storage is minor compared to the potential increase in production that will come as Iran brings fields back into service.
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“How nuclear talks with Iran could impact the oil market“, Dr Carole Nakhle, Jan 2022
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