Expect oil to tumble if Iran deal gets done

March 31, 2015 4:02 PM

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Expect oil to tumble if Iran deal gets done

The fate of global oil prices will be determined in Lausanne, Switzerland this week.

An unlikely location for oil markets, to be sure, but that is where U.S. Secretary of State John Kerry is meeting with Iran's Mohammad Javad Zarif for intense negotiations over Iran's nuclear program. The so-called P5+1 countries and Iran hope to come to an 11th hour agreement that could pave the wa...

Also read: Here’s What Could Happen at the Key OPEC Meeting

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