The re-imposition of US sanctions on Iran is unlikely to have a major impact on global oil supply. However, geopolitical tensions have intensified and if Iran decides to pull out of the nuclear deal, the impact on oil supply could be more severe. As such, prices are likely to remain elevated for the next few months at least.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services