Julian Lee, Columnist

Iran's Oil Boom Fizzles Out

The country's biggest pre-sanctions customers aren't returning
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Five months after sanctions on Iran were eased, the rapid rise in the country's oil production and exports appears to be ending as quickly as it began.

Any slowdown in Iranian output will hasten the rebalancing of global oil supply and demand, adding weight to the assertion by Saudi Arabia's oil minister Khalid Al-Falih that "the oversupply has disappeared."