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Crude Oil Prices Outlook: Iranian Nuclear Talks and Viral Resurgence in Focus

Crude Oil Prices Outlook: Iranian Nuclear Talks and Viral Resurgence in Focus
CRUDE OIL PRICE OUTLOOK:
The US and Iran are holding nuclear talks in Vienna on Tuesday, paving the way for potential lifting sanctions on Iranian oil exports
The chance for a deal to be struck any time soon remains thin, alleviating some pressure on prices
Climbing Covid-19 cases in the EU and the extension of a foreign travel ban in the UK dampened the energy demand outlook
Crude oil prices rebounded slightly during Tuesday’s APAC session as traders shrugged off fears about rising Iranian crude oil exports ahead of a nuclear talk held in Vienna. The meeting aims to bring both Iran and the US back to the 2015 nuclear accord, which was subsequently abandoned by former President Donald Trump. Strict economic sanctions, including limiting its oil exports, were imposed on the Middle Eastern country by the US since. Iran insists it can return to compliance to the nuclear deal only if ....

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Foreign Holidays News | Live Feed & Top Stories

Foreign Holidays News | Live Feed & Top Stories
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