博彩对冲

The Democrat's departure at the behest of President Trump leaves the commission with a 2-2 partisan split, a potential roadblock to gas and LNG approvals.

US-Iran nuclear negotiations are the most promising opening between the two in years. While threatening military action if talks fail, Washington is showing a clear preference for diplomacy. Tehran鈥檚 weakened regional position and economy provide incentives to negotiate. A deal would likely include Iranian oil sanctions relief. Tehran can likely increase production quickly, but we see a near-term, limited agreement as more likely, limiting potential upside. Yet, production and exports could rise to 3.8 million b/d and 2 million b/d, respectively, within six months if a deal were reached. However, if talks fail and the US fully returns to maximum pressure, output and exports could fall precipitously.