January 14, 2016
International Business Times quotes Global Energy Center Nonresident Senior Fellow Brenda Shaffer on the inopportune timing of Iran’s reentry into the oil market:

“It’s the most inopportune time for Iran to re-enter the oil market,” said Brenda Shaffer, an energy expert at the Atlantic Council, a Washington-based think tank. “Iran is in a real catch-22, because they’re going to want to export as much oil as possible the second sanctions are removed, but the more they export, the more prices are going to go down.”