While highly politically and economically charged behind-the-scenes OPEC talks are going on, the market and analysts are now factoring in another unknown that could come from outside OPEC and theoretically knock off 1 million barrels of Iran’s oil exports: President-elect Donald Trump’s comments from March of this year that his “number-one priority is to dismantle the disastrous deal with Iran”. If Trump is able to dismantle the deal, which many contend is not possible given all the fingers in that particular pie, Iran’s crude oil exports would dive by around 1 million barrels per day – that’s roughly equal to the cut that OPEC might need to accommodate its production within the limits it had set almost two months ago, Julian Lee writes for Bloomberg . And possibly, Saudi Arabia is secretly hoping that such a dismantling will take place, because while smaller OPEC members such as Algeria, Qatar […]