RE:Sold some WEED today to buy CPGdiesel80 wrote: Decision is expected this Friday whether US will bring back the Iran sanctions. I don't believe they will and neither does market as the premium is not priced in. If Trump surprises and does indeed bring it back thats 1Mbpd off the market.
Newsflash: Iran won't actually stop pumping if Trump brings sanctions. They didn't stop pumping before either. All that happens is that Iran sells oil in the black market for a big discount. It still reaches markets.