Raisi Victory Will Delay Return of Iran’s Oil, Analysts Say
- President-elect may favor exports to China: SVB’s Vakhshouri
- Rising demand means market can absorb Iranian crude this year
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The election of a conservative cleric as Iran’s president will probably hold up the lifting of U.S. sanctions on the Islamic Republic’s energy exports, said analysts including Sara Vakhshouri, president of SVB Energy International LLC.