Potential U.S.-Iran Deal Could Reshape Global Oil Trade After Months Of War: Report

Source: International Business Times

Traders, governments and energy companies are watching developments closely because any agreement could alter oil flows through the Middle East and affect crude prices that have remained volatile throughout the war. AFP The global oil market is facing another significant shift as negotiations between the United States and Iran continue to dominate the global conversation and the direction of global markets. Traders, governments and energy companies are watching developments closely because any agreement could alter oil flows through the Middle East and affect crude prices that have remained volatile throughout the war.