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Crude Oil Volatility May Increase as Iran - US Stand-Off Continues
2021-02-19 12:30:00
Nick Cawley,
Strategist
Crude Oil Analysis, Price and Chart
Iran and the US remain at loggerheads.
Oil volatility may increase if tensions increase.
The US and Iran remain at loggerheads over the 2015 nuclear deal with both sides saying that they are willing to return to the table if the other side moves first, something that is looking increasingly unlikely to happen. The US says that Iran must return to its commitments under the deal first, while Iran says that the US must lift the economics sanction placed on them in short-order - according to some reports - if they are to return to the negotiating table. With time seemingly running out, oil volatility may increase over the coming days. ....

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