Henan Dongfanglong Machine Manufacture Co., Ltd

Henan Dongfanglong Machine Manufacture Co., Ltd

The US-Iran negotiations affect market expectations.

2025 06/13

The United States and Iran plan to hold the sixth round of indirect talks in Oman on June 15th. The optimistic expectations for a potential agreement in the market have alleviated the previous concerns over supply disruptions caused by Israel's possible military action against Iran or the breakdown of the US-Iran nuclear negotiations. However, if the negotiations fail to make a breakthrough, Iran may maintain or increase its crude oil exports, further depressing oil prices.