Iran sanctions lifted = market still doesn't care oil even hJust in Iran sanctions lifted and oil higher!
Reuters: U.S. Agrees To Lift Iran Oil Sanctions- Jun 23, 2021, 8:00 AM CDT
The United States has agreed to lift all sanctions on the Iranian oil and shipping industry and to remove several senior officials from a blacklist, Reuters hasreported, citing the chief of staff of outgoing President Hassan Rouhani.
"An agreement has been reached to remove all insurance, oil and shipping sanctions that were imposed by (former U.S. President Donald) Trump," Mahmoud Vaezi said, as carried by Iranian state media."
Reference: https://oilprice.com/Energy/Energy-General/Reuters-US-Agrees-To-Lift-Iran-Oil-Sanctions.html