Iran Talks in Early 2013 to Boost Oil Risk Premium, SocGen Says
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International talks early next year over Iran’s nuclear program will probably renew focus on the issue and bolster a risk premium in oil prices, according to Societe Generale SA.
The U.S. is trying to bring Iran back to the negotiating table in the first quarter, before Israel’s alleged deadline for a resolution or military confrontation with Iran in the late spring or summer, Michael Wittner, the New York-based head of commodities research for the bank, said in an e-mailed note.