The new oil order that could emerge from an Iran deal
A potential U.S.-Iran deal could significantly alter the global oil market by allowing large volumes of crude back onto the market, which is crucial as global stockpiles are being depleted rapidly. However, the return to normalcy will be gradual, with shipping safety and potential new fees in the Strait of Hormuz being key near-term concerns. Experts anticipate a permanent geopolitical risk premium will be attached to oil prices due to the permanently riskier operating environment in the region. AI
