Oil Price: clouds of uncertainty hover over the oil markets due to potential failure of the JCPOA

[hemanthaa@mail.com + 64]

As the talks of reviving the JCPOA stare into the abyss of failure, the crude oil markets are affected by uncertainty again due to real fear of a potential conflict with Iran.

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[Starschy + 211]

There won't be a change. When China made their 25 year long Iran deal. That contract is more important as Jcpoa. US made a huge failure not to make a law for this deal.

There may be a second deal for Iran with Russia as a new member of Eurasian economic forum.

The  Zentrifuge in Jcpoa are type 1 but Iran uses now type 6 fare more efficient one.

Iran will be able to make nukes in one year. It doesn't made a big difference if Uran is 60% clean or 90%. 60% requires more Uran and the bomb will be Hiroshima quality maybe slightly bigger. (The US did not even test that Bomb type, only the Implosion one)