Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, November 29, 2013

Iran deal 'will lead to surge of oil to Asia'


Iran deal 'will lead to surge of oil to Asia'
London (AFP) Nov 26, 2013 - Iran's deal with Western powers to curb parts of its nuclear programme is likely to lead to a sizable increase of shipments of oil from the Islamic Republic to Asia, analysts said. If the interim deal struck this weekend in Geneva leads to a full lifting of sanctions, it could spark an injection of oil into an already over-supplied global market, many said Monday. But while the agreement ... morehttp://www.energy-daily.com/reports/Iran_deal_will_lead_to_surge_of_oil_to_Asia_999.html

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