(Bloomberg) — For fragile oil markets, the outcome of next week’s U.S. election poses yet another risk: the prospect that major producer Iran may regain its role in international trade.Challenger Joe Biden, leading in most polls, has signaled he’ll seek to bring Iran back into the 2015 nuclear accord the U.S. brokered when he was vice president under Barack Obama. That means the economic sanctions President Donald Trump imposed — and tightened further this week — could eventually be eased, opening the sluices for more than 2 million barrels a day of Iranian crude exports.The timing for the oil market …read more
Source:: Yahoo Finance
