Sanctions against Iran to be lifted in early 2016

Sanctions against Iran to be lifted in early 2016

Bloomberg, referring to the western diplomats, said that the sanctions on Iran will probably be lifted within the first three months of 2016.

After the lifting of the sanctions, Iran is planning to enter the market, which could significantly undermine the market as the country is going to sell the "black gold" at any price in order to improve its own budget.

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