Iran deal 'will lead to surge of oil to Asia'

Iran deal 'will lead to surge of oil to Asia'
London (AFP) Nov 26, 2013 - Iran's deal with Western powers to curb parts of its nuclear programme is likely to lead to a sizable increase of shipments of oil from the Islamic Republic to Asia, analysts said. If the interim deal struck this weekend in Geneva leads to a full lifting of sanctions, it could spark an injection of oil into an already over-supplied global market, many said Monday. But while the agreement ... morehttp://www.energy-daily.com/reports/Iran_deal_will_lead_to_surge_of_oil_to_Asia_999.html