MARKET FORCES Iran Faces Steep Climb

摘要

Iran's potentially imminent and near-uninhibited return to the oil market gives the country the opportunity to make up for lost ground. And there's plenty to make up for, with Tehran having missed out on an unprecedented period of wealth accumulation for oil producers. Under stricter sanctions that came into effect during the summer of 2012, Iran saw its export volumes halved as oil prices hovered at $100. It also lost market share within Opec.