If the ongoing talks about the U.S. and Iran returning to the nuclear deal result in an agreement, it will be in August at the earliest that Iranian barrels will hit the market free of American sanctions, Amrita Sen, head of research at Energy Aspects, told Bloomberg Television in an interview on Wednesday. Iran, the U.S., and the remaining participants in the Joint Comprehensive Plan of Action (JCPOA) started on Tuesday the fifth, and what Russia hopes will be the last, round of talks. According to Energy Aspects’ Sen, both the United States and Iran will aim to reach a deal before the presidential election in Iran on June 18. Even if a deal is announced as early as next week, it will take at least another two months for Iranian oil to start flowing to the market with the blessing of the United States, she said. This is […]