• <strike id="q0iu2"></strike>
  • The Annual Shale Gas Technology & Equipment Event
    logo

    The 15thBeijing International Shale Gas Technology and Equipment Exhibition

    ufi

    BEIJING,CHINA

    March 26-28,2025

    LOCATION :Home> News > Industry News

    Iran’s oil output growth looks less likely following tanker attack

    Pubdate:2021-08-04 11:51 Source:liyanping Click:

    (Bloomberg) --Iran’s oil comeback, already taking longer than many traders expected, will be further complicated by last week’s deadly drone attack on a tanker in the Gulf of Oman, which the U.S., U.K. and Israel all blamed on Tehran.

    With talks held up by a change of presidency in Tehran, the incident adds friction to a process that could return 1 million barrels of oil a day to the global market within months. Even if the allies decide against a military response, Washington may be less willing to ease sanctions on the Islamic Republic’s energy exports.

    “It looks inevitable that this will cast a black cloud over nuclear talks” between Iran and world powers including the U.S., said Bill Farren-Price, a director at energy-research firm Enverus.

    The negotiations -- to revive a 2015 pact that limited Iran’s atomic program in return for sanctions relief -- had already stalled. A sixth round in Vienna broke up last month. Diplomats are waiting for Iran to re-enter talks now that Ebrahim Raisi, an austere cleric who has long argued against a rapprochement with the U.S., has become president.

    Restoring the Joint Comprehensive Plan of Action -- which then-President Donald Trump pulled the U.S. out of in 2018 -- is key to Iran’s ability to increase oil production. Its crude exports have plummeted to almost nothing from more than 2 million barrels a day in mid-2018.

    Many oil investors had expected a new nuclear deal before Iran’s elections in mid-June.

    While Raisi and Supreme Leader Ayatollah Ali Khamenei could resume negotiations soon, there’s still much for the sides to overcome. Iran wants a guarantee that future U.S. administrations won’t withdraw from any deal, as Trump did. It also insists sanctions are removed across the board -- on its shipping and banking industries as well as on energy exports.

    Washington is wary of both demands. Another sticking point is the JCPOA’s so-called “break out” clause. It was designed to constrain Iran’s nuclear activities enough that it would need a full year to build a bomb if it chose to exit the accord. Some U.S. officials believe Iranian scientists have made enough progress in the past three years to construct an atomic weapon within a few months.

    Still, Iran and the U.S. have both said they’ll continue to negotiate. Washington sees a deal a way to help stabilize the Middle East -- even if it doesn’t address Tehran’s ballistic missiles or support for proxy forces in the likes of Yemen and Lebanon -- while sanctions have battered the Iranian economy.

    “There will be more tanker attacks but they are not what’s standing in the way of a nuclear deal,” said Scott Modell, managing director of Rapidan Energy Group, a Washington-based consultant. “Neither is Iran’s incoming hardline president, who’s not about to trot out a whole new series of demands. But he will continue pushing for concessions.”

    Modell predicts there’ll be an agreement by September, allowing Iran to raise daily oil output by around 1 million barrels by the end of the year.

    For now, oil traders are more concerned about the spread of a delta coronavirus variant than a lack of supply from Iran. Brent crude dipped 3.4% on Monday to less than $73 a barrel. But with prices still up more than 40% this year and most analysts forecasting a tightening market over the rest of 2021 as major economies recover, Iran’s absence could soon be felt.

    Thursday’s attack on the Mercer Street, an oil-products vessel managed by an Israeli company, makes the prospect of U.S. sanctions being removed “ever more remote,” according to Helima Croft, chief commodities strategist at RBC Capital Markets.

    “The key question that comes from the Mercer Street incident is whether the Supreme Leader has calculated that a return to the JCPOA is not a top-of-the-agenda item and brinkmanship may produce more benefits,” she said.

    538国产精品一区二区在线| 一级一级特黄女人精品毛片视频 | 亚洲线精品一区二区三区影音先锋| 亚洲电影日韩精品| 亚洲日韩一区精品射精| 2019国产精品| 国产大片91精品免费观看男同| 2021国内久久精品| 久久精品aⅴ无码中文字字幕不卡 久久精品aⅴ无码中文字字幕重口 | 国产精品高清在线| 亚洲国产精品张柏芝在线观看| 黑人大战亚洲人精品一区| 98视频精品全部国产| 久久99精品视频| 久久青青草原精品国产软件| 国产精品免费视频网站| 免费看国产精品3a黄的视频| 国产精品揄拍100视频| 久久久久国产精品麻豆AR影院 | 国产亚洲精品无码拍拍拍色欲| 亚洲А∨精品天堂在线| 日韩一区二区超清视频| 国产日韩精品一区二区三区| 国语自产精品视频在线看| 久久se精品一区二区| 中文字幕精品在线视频| 日韩精品一区二区三区老鸭窝| 久久久久女人精品毛片| 久久久无码精品国产一区 | 成人国内精品久久久久一区| 国产视频精品免费视频| 亚洲国产精品自在拍在线播放 | 国产亚洲精品91| 国产精品亚洲美女久久久 | 真实国产精品vr专区| 亚洲国产高清在线精品一区| 99精品一区二区三区| 三上悠亚久久精品| 久久国产乱子伦精品免费一| 久久免费观看国产精品88av| 国产亚洲欧洲精品|