OPEC

 

Iran Prepares For Full Return To Oil Markets But Will Saudi Make Way?

 

Iran has reached out to the oil multinationals in preparation for the day when the international community lifts sanctions that have slashed its oil exports and revenues. But industry officials and experts do not see a significant change to the oil supply balance in the immediate future and say it will take time for Iran to restore output to pre-sanctions levels, even after the punitive measures...