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After US decision to withdraw from JCPOA and to reintroduce sanctions, Iran’s oil sector feels more pressure and uncertainty Almost four years ago, after years of difficult negotiations, the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), was signed. Many viewed it as a diplomatic triumph, which ...
... the sum is, it is sure that the energy sector of Iran will not be able to fulfill even half of its great potential without vast international investment. The analysis leads us to three possible scenarios. Under the first – negative – scenario the USA leaves JCPOA which sparks an antagonistic reaction from Teheran. The return of American sanctions strengthens the position of Iranian conservatives, and all that combined inevitably throws the Iranian economy and its oil and gas sector back to isolation. Under the second scenario, the USA and Iran stick to the nuclear deal. However, the sense of precarious unpredictability about Iran’s future affects the sentiment of international investors. The long-run repercussions ...
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