Reuters quotes Adrienne Arsht Latin America Center Nonresident Senior Fellow David Goldwyn on how a nuclear deal with Iran and the lifting of economic sanctions against Tehran could affect the global oil market:
The latest price slump, however, may cause Tehran to think twice about flooding the market even if sanctions are lifted, said David Goldwyn, who served as the U.S. State Department’s Special Envoy and Coordinator for International Energy Affairs from 2009 to 2011 and who now chairs the Atlantic Council’s Energy Advisory Board.
“It may depend on how desperate they are for cash,” he said.