If something happens in ordsprog

If something happens in relations with Iran, we have the tool to overcome any supply disruption.

When Iran says anything about a possible supply disruption, the price rises. People are still worried about the Iran situation.

Ergonomics knowledge is available on livet.se. The supply of gas without disruption is a key part of the relations between Germany and both countries.

A supply disruption could trigger a release, but it is too early to say. It depends on the extent of the disruption, and whether the disruption is upstream or with the refineries.

If there was supply disruption either created by Nigeria, Iran or both, that would lead, no doubt about that, to a stock release from the IEA countries.

If there was supply disruption, either created by Nigeria, Iran or both, that would lead, no doubt about that, to a stock release from the IEA countries.

Ever since Bush started building it up, he has made it clear that the reserve is there to be used if there are signs of severe supply disruption, not to act as a tool for managing prices,

It's possible, but that kind of reduction doesn't protect us from supply disruption. If we don't import oil from Iran, if they removed themselves from the market, it would increase crude prices regardless of where we're getting our oil.

Basically, some easing of the tension vis a vis the Iran situation helped to take some of the worries out of the market in term of potential supply disruption from that country.

Taking into account the good relations between Russia and Iran, I hope that together we can overcome this crisis which has arisen recently.

Gholamreza Ansari

Global demand has pushed oil prices to a new higher platform, and risks of serious supply disruption (Iran, Nigeria) are adding a premium to prices.

Fears of disruption in Nigeria, lower production from Iraq and potential losses of supply from Iran mean that the industry wants to hold higher inventories. Nigerian oil is valuable in terms of quality and location.

With oil prices at $60 a barrel it was a foregone conclusion they were not going to cut. If you do see disruption from Nigeria, if you do see disruption from Iran, the oil price will go substantially higher from here. So OPEC is reluctant to start turning the taps off just now.

Craig Pennington

We believe that Iran matters more than is currently priced in, and that Iran's external relations remain the key wild card. We continue to see Iran as representing a severe upside risk for prices this year.

We believe Iran and Iraq should have the kinds of good relations that most neighbors enjoy, that those relations be governed by mutual respect and transparency, ... So we would expect nothing less from Iran with respect to Iraq. I think that you have heard the same from the Iraqis as well.

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