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Oil Price: the prospect of reviving Iranian nuclear deal fades away; OPEC+ is back under spotlight

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JCPOA - Iranian nuclear deal

It may not be the last straw; but there are not many straws  left for the signatories to the JCPOA, 2015 Iranian nuclear deal, to hang on to, when the US government seized the domains of some Iranian new websites, dealing a huge blow to the optimism about a breakthrough that many hoped would come out of the  protracted talks that went on for six rounds in Vienna, Austria. With the Iranian factor pales into insginificance, the crude oil markets may adjust their focus back on where it should be - the next meeting of the OPEC+, scheduled to be on July, 1.

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