The US-Iran deal is affecting oil market flows, leading to a reduction in market price forecasts.
3 reports, 3 independent
Updated Jun 17
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What happened
The US-Iran deal is affecting oil market flows, leading to a reduction in market price forecasts.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Hormuz reopening eases supply fears.Sub-event
US-Iran deal impacts oil flows and prompts price forecast reductions, involving Goldman Sachs.1 source
US-Iran memorandum details are impacting oil prices, with futures trading active in London and NYMEX.1 source
Keep exploring
Part of
A peace deal involving Israel and Iran is reported alongside the closure of the Strait of Hormuz, while inflation data shows a price spike.Also in this story
- Trump announces details of an interim agreement regarding Iranian production linked to sanctions easing.
- Strategic concerns regarding Iran's nuclear program, leadership, and the resulting clashes between Israel and Iran are dominating policy discussions.
The entities involved
- Brent
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Goldman Sachs
American investment bank
Related events
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- Global oil prices are declining due to geopolitical risk from the US-Iran conflict, affecting pricing decisions for Dangote Group.
- Iran's oil exports are affecting global supply and energy prices, impacting Europe, while Donald Trump questions the finality of the Iran deal.
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