Iran’s Soaring Oil Exports Poised To Slow This Autumn

Iran’s soaring oil exports following secret diplomacy with the U.S. are likely to fall for the rest of the year as demand in Asia wanes with the end of summer, Bloomberg has reported. Prospects of reviving the Iran nuclear deal have swung dramatically, from near certain in March 2022 to almost nil by the end of the year and somewhere in the middle currently. Although prospects of a deal being signed any time soon appear dim, relations between Washington and Tehran have warmed up considerably, with the Biden administration unblocking frozen…