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Oil markets muted to historic Iran deal

THE P5+1 nations have vowed to remove sanctions related to Iran's nuclear program, but there is a big "if" attached that means it could be up to a year before they are actually removed and Iran starts ramping up production.

Oil markets muted to historic Iran deal

The fear is that extra global supply being released out of Iran would flood an already oversupplied oil market and send prices down further. While Iranian Oil Minister Bijan Namdar Zanganeh said the...

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