Good for Oil. Iran sanctions not going away anytime soonEven if/when Iran comes online they will support OPEC+
"U.S. Secretary of State Antony Blinken stated to the press that even in the event of a return to compliance with the JCPOA, hundreds of sanctions will remain in place, including sanctions imposed by the Trump Administration.
This blunt but clear approach has given analysts confidence that additional Iranian oil volumes will not be entering the market any time soon. When it does enter the market, Iranian oil is almost certainly going to be priced at normal levels as Tehran will need the revenues to fund its failing economy"
Reference: https://oilprice.com/Energy/Energy-General/The-Iran-Nuclear-Deal-Wont-Happen-Any-Time-Soon.html