Will the Pearl Reveal Itself: What is in Store for the Iranian Oil & Gas Industry?

... negative – scenario the USA leaves JCPOA which sparks an antagonistic reaction from Teheran. The return of American sanctions strengthens the position of Iranian conservatives, and all that combined inevitably throws the Iranian economy and its oil and gas sector back to isolation. Under the second scenario, the USA and Iran stick to the nuclear deal. However, the sense of precarious unpredictability about Iran’s future affects the sentiment of international investors. The long-run repercussions of this scenario are tantamount to that of the first one. Here, the lack of economic development ...