But if the negotiations with Iran are successful it will mean even lower oil prices, which of course the billionaire supporters of the Republicans do not want to see happen. And here we thought that Tom Cotton was only looking to embarrass the President when all along he was simply doing what his 'puppet masters' wanted him to do…
From the item below:
Meanwhile, any sharp increase in production or exports from Iran would be very negative for oil markets.
"The prospect of an increase in Iranian oil sales as part of a new agreement in the next couple of months will only exacerbate OPEC oversupply, supporting our bearish outlook," Barclays said.
http://www.cnbc.com/id/102506509
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