Big Deal or No Deal?

03 Apr 2015: How Iran sanctions relief might impact the tanker market. Yesterday, the P5+1 and Iran announced that they had reached a framework agreement on the containment of Iran’s nuclear program in exchange for the gradual lifting of sanctions, the details of which will need to be completed by June 30th. The question is: What does this mean for the tanker market? Under the agreement, Iran will receive gradual sanctions relief once it has complied with the conditions under the agreement. Download here