After a nuclear deal - What next for Iranian oil and gas?

23 June 2015
David Ramin Jalilvand (Researcher in the Middle East and North Africa Department, Friedrich Ebert Foundation, Berlin)

On 2 April in Lausanne, Iran and the E3+3 (France, Germany, and the UK plus China, Russia, and the US) agreed on a framework deal for the resolution of the nuclear dispute. While differences remain on several issues, including the scope of International Atomic Energy Agency (IAEA) inspections and sanctions relief, the statement has nevertheless raised hopes that a final deal may be reached this summer. If an agreement is reached, it will bring an end to more than a decade of tensions between Iran and the international community. This would result in the lifting of several sanctions, which were adopted against Iran by the United Nations, the EU, and the US. In this Policy Brief, David Ramin Jalilvand explores the possible implications for Iran’s economy and its energy sector, and the impact on the EU’s energy sector.

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