Comments from commodity analysts at Barclays:
- They say "the hardest part, a signed an detailed agreement" is ahead
- Risk of further delays beyond the deadline
- "Many actors can play a spoiler role ... Israel, other Gulf States, and domestic constituencies are likely to try to maintain the status quo"
- Sanctions relief is likely to be gradual .... "A return of 1 mb/d of Iranian oil exports is at least a year away, but 200-300 kb/d of slippage is possible now that the parameters of an agreement are in place"
Bolding is mine
