"International oil companies are likely to adopt a wait-and-see position on Iran until it becomes clear what Trump does," said Jason Bordoff, director of the Center on Global Energy Policy at Columbia University and a former official in the Obama administration.
Iran Oil Boom Hangs in Balance as Investors Weigh Trump Risk
Iran’s resurgent oil industry has confounded skeptics. Production is up by almost a third since sanctions were eased in January and foreign companies are lining up to help boost output further. Yet Donald Trump’s victory in the U.S. casts doubt on whether the momentum can last.
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