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Iranian oil likely to come back to the market, just not yet

The preliminary deal reached between Iran and the Western powers should, eventually, allow Iranian oil exports to return to their previous levels. However, some of the finer details still have to be ironed out and talks could still be disrupted by hardliners in both Washington and Tehran. Even if a final deal is reached, Iran is unlikely to be able to significantly ramp up its exports until 2016 at the earliest.

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