DUBAI/TEHRAN -- A last-ditch attempt by Europe to revive the Iranian nuclear deal has stoked speculation that millions of barrels of oil could soon flow into world markets, though analysts and experts are tempering their optimism.
Commodities
What an Iran nuclear deal would mean for strained oil markets
1 million barrels per day of Iranian output would spell relief for the EU
Analysts say an EU ban on Russian seaborne oil, set to take effect on Dec. 5, gives the bloc added incentive to secure a deal that would ease sanctions on Iranian oil.
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