Middle East Economic Survey

VOL. LII

No 26

29-Jun-2009

SUPPLY/DEMAND

Société Générale Sees Iranian Political Turmoil As Market Non-Event

While developments in Iran following the presidential election have attracted worldwide attention, these are so far a non-event for the oil market, Société Générale said in the latest edition of Oil Drivers, published on 19 June. The current struggle in Iran is a battle between two factions, the hard liners and the reformers, but no more than that a power...