Iranian Oil Supply
Posted: Thu May 15, 2025 6:59 am
With Trump's announcement today of Nuclear Talks progress, oil prices have dropped once again on fear.
My question is: How much additional supply can Iran really put onto the market?
For the past 4 years they've been evading or ignoring sanctions with the help of China. Last year oil averaged around $75. Given that, it seems to me any nuclear deal has limited downside for oil. We've been well below $75 for over a month now, how much downside could there possibly be?
Comments?
Kevin Gardiner
My question is: How much additional supply can Iran really put onto the market?
For the past 4 years they've been evading or ignoring sanctions with the help of China. Last year oil averaged around $75. Given that, it seems to me any nuclear deal has limited downside for oil. We've been well below $75 for over a month now, how much downside could there possibly be?
Comments?
Kevin Gardiner