How Iran’s nuclear deal could affect the oil market

Posted on 5 Aug 2015 by The Manufacturer

A deal resulting in Iranian nuclear activity being limited in return for a lift of international economic sanctions has sent oil prices tumbling once again.

Fraser Hydraulic Power – which creates advanced hydraulic systems aimed at stimulating testing factors like oil temperature – looks at how far-reaching the proposed deal could be across the international oil market. Terms of the deal and its immediate effect The agreement – which involves Iran and six world powers, the UK; the US; France;…

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