The lifting of sanctions against Iran’s oil sector in exchange for restrictions on its nuclear activities will reduce fears of longer-term supply tightness in the oil markets and be good for tanker ton-mile demand, says shipbroker Poten & Partners.
Citing reports that have recently surfaced about a framework agreement that addresses various outstanding issues and outlines a sequence of steps, the US-based brokerage said that a revival of the Iran nuclear deal “seems to be getting closer”.
