Oil price: Joe Biden presidency would lead to increased Iran output - Business Insider

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Iran could flood the market with millions of barrels of oil if Joe Biden becomes president, one of Wall Street's top analysts says

prices as he is likely to take a softer stance on Iran and lift sanctions paving the way for millions of barrels of Iranian crude to return to the market, one of Wall Street's top commodity analysts said.

"If you have Joe Biden as president he could basically take the US back into the [Iranian] Nuclear deal and you could see a million plus Iranian barrels hit the market. These are the kind of things I think will be very important into the trajectory of oil into 2021," she added. The Iranian Nuclear Deal was agreed under the tenure of former US President Barack Obama in 2015 between Iran, US, UK, France, China, Russia and Germany.

 

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so you’d rather millions starve so you could make a few more bucks ?

Sounds good 👍

They also could not since you’re just speculating.

Why is that such a bad thing?

China is already ignoring Trump sanctions on Iran. Iran is shipping oil everyday to China. Trump sanctions and tariffs are destroying the US economy.

Make alternative energy vehicles mainstream like electric or hydrogen powered vehicles and move away from our reliance on oil based fuels

Ayatollah BeijingBiden

“ Iran could be in nuclear compliance inspections again” better headline I take it as a win win better gas prices plus a nation being inspected as it was in the past.

Go on, and russia will die. I like this plan

Have no idea about the logic.

How?

I know what you want to do here, you want to manipulate stupids to think voting for Trump is supporting Iran, and voting for Biden is to fight against Iran, nice propaganda technique, but he will still lose, as clinton

Was the analyst wearing his pointy white hat when he said this?

Didn’t happen when he was Vice President

How'd this tweet get through? I thought I had blocked Fox News already...

Scaring voter was the purpose of this article but it didn’t go well. Low gas price is good for consumer

Joe Biden will never be President of the USA. Not even by a longshot.

Good that makes gas cheap

So, when a lot of folks are unemployed, we get even cheaper gas? I'm on it.

So?

god forbid a country sells it's own oil. lmao

Doubt US consumers will be upset about lower oil costs.

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