The fate of global oil prices will be determined in Lausanne, Switzerland this week.
An unlikely location for oil markets, to be sure, but that is where U.S. Secretary of State John Kerry is meeting with Iran's Mohammad Javad Zarif for intense negotiations over Iran's nuclear program. The so-called P5+1 countries and Iran hope to come to an 11th hour agreement that could pave the way for a historic thaw in relations. The deadline for a deal is the end of the month, or Tuesday night.
Iran nuclear deal could trigger an oil sell-off - Mar. 31, 2015
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.