U.S. Oil Exports Shouldn't Bother OPEC: Iran Is the Problem

Updated on
  • Trading house Gunvor sees bigger threat from within OPEC ranks
  • End of export ban seen having minimal effect on market for now

An end to the U.S.’s 40-year ban on oil exports is probably not what OPEC needs right now. Yet a resurgent Iran may present a greater threat as it prepares to dump a million barrels on the market next year.

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