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FGE NexantECA Sees Slim Chance of U.S.-Iran Deal
The chances of a U.S.-Iran deal are low and the next two months carry the greatest escalation risks that could derail the recovery of oil flows through the Strait of Hormuz, energy consultancy FGE NexantECA says after the U.S. midterm elections. “Not only are we not close to a resolution, we are even worse than we were before the June MOU,” FGE NexantECA’s chairman Emeritus, Fereidun Fesharaki, told Bloomberg TV in an interview on Friday. There is actually a high chance that the U.S. and Israel could strike Iran before…
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- What is COMEX gold?How to read USD/oz futures and relate them to jewelry quotes.
- Reading today’s gold: BOT vs COMEXHow COMEX USD and BOT FX make a theoretical index — not a shop board.
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