Detailed text transcripts for TV channel - MSNBC - 20150331:21:32:00
The world oil markets are paying close attention. we have more. >> reporter: it's all about iran at the moment when it comes to oil. with the deadline for a nuclear deal looming large, oil traders think at least a framework will be reached to clear a path forward. that's because iran is one of opec's largest producer with break evens for the country reported at over $100 a barrel u.s. imposed sanctions are hitting the country where it hurts. >> the iransians subsidized a lot of things in that country. they're not able to do that if they're not selling the oil. they can barely fund things that ...