The United States may allow Iran to increase its oil exports even without reviving the 2015 agreement on Tehran’s nuclear program, the Vitol Group estimates.
In particular, according to Bloomberg, the world’s largest independent crude trader Vitol believes that the US may turn a blind eye to the shipment of oil from Iran under sanctions, if domestic political pressure on the United States to decline in the price of gasoline.
“Uncle Sam can just let a little more of this oil flow,” Vitol Group Asia chief Mike Muller told a podcast on Sunday.
According to Bloomberg, there was no comment from Washington on the assessment expressed by M. Mueller.
It is recalled that talks between Tehran and world powers to revive the 2015 agreement, which will allow the lifting of sanctions on Iran, have been frozen again since March.
Yesterday, after all, the head of European diplomacy, Josep Borrell, said in a tweet that he posted that “the chances are shrinking” for a return to the 2015 agreement, after talks he had with the Iranian Foreign Minister.
Oil is on the rise today, once again above $ 120 a barrel, following Saudi Arabia’s decision to raise prices for Asia.
Iran has boosted its exports this year despite Western sanctions, mainly on China, and reaching an agreement on Tehran’s nuclear program could fuel the oil market with an additional 500,000 to 1 million barrels a day, enough to significantly reduce prices.
Source: Capital
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