Four Ways the Iranian Nuclear Talks Could Upend Oil Markets
- Talks are a ‘wildcard’ for oil market, says Bank of America
- Iran’s return to energy markets could stop oil getting to $100
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The Iranian nuclear talks could hardly be more critical for oil traders.
Crude prices have surged 10% this year to around $85 a barrel, with many analysts predicting it’s only a matter of time before they hit triple digits for the first time in eight years.