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Iran oil sanctions relief expected in months if Vienna talks result in deal Washington geopolitical analysts increasingly expect the US and Iran to announce a deal by the end of May that will allow for the lifting of sanctions on oil, petrochemical, shipping and other key sectors as soon as the third quarter of this year. European and Asian oil buyers could start negotiating deliveries when such a deal is announced, with most likely waiting until the Biden administration removes sanctions to finalize purchases. Iran would be able to return to pre-sanctions oil production of about 3.9 million ...

Washington — Washington geopolitical analysts increasingly expect the US and Iran to announce a deal by the end of May that will allow for the lifting of sanctions on oil, petrochemical, shipping and other key sectors as soon as the third quarter of this year. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now European and Asian oil buyers could start negotiating deliveries when such a deal is announced, with most likely waiting until the Biden administration removes sanctions to finalize purchases. Iran would be able ...

ViewsWire February 25th 2021 The Economist Intelligence Unit  

ViewsWire February 16th 2021 The Economist Intelligence Unit