Economics
History Shows Iran Could Surprise the Oil Market
Most analysts are far too pessimistic about Iran's ability to bounce back, International Energy Agency Says
ISIS Is a Clear and Distinct Danger to Oil: Ross
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Iran could restore oil production halted by sanctions faster than anyone anticipates if the history of previous shutdowns is any guide.
The consensus among analysts and traders is that Tehran needs at least a year after sanctions are lifted to raise output to the level prevailing before restrictions were imposed in 2012. Similar pessimistic assessments for supply disruptions at OPEC members Libya and Venezuela were confounded by quicker-than-expected recoveries, according to data compiled by Bloomberg.