With Wave of Iranian Oil Imminent, a Shudder in Saudi Arabia
A new wave of oil from Iran will flow into a global market awash in oil where prices are plunging to depths not seen in a dozen years. With a historic nuclear deal between Iran, the U.S. and five other world powers set into place this weekend, a European oil embargo on the world's seventh-largest oil producer will end.
10 years, 3 months ago