ANZ Says Iran Exports Over 2 Million Barrels of Oil

The transcript discusses the potential impact of geopolitical risks and sanctions on the oil market, particularly focusing on Iran's oil exports and US shale production. It highlights differing market expectations regarding supply growth and constraints, and considers the possible effects of new sanctions on oil prices, including a significant price surge if supply is disrupted.

What is the potential impact of fresh sanctions on Iran's oil exports?

• Stability in the oil market

• Decrease in oil prices

• Increase in oil supply

• Emergence of geopolitical risk premiums

What is a key factor causing differing opinions on future oil supply growth?

• Increased demand from Europe

• Constraints in the US shale industry

• New oil discoveries in Africa

• Stable geopolitical conditions

According to the latest IEA report, what is expected to happen to oil supply?

• It will remain unchanged

• It will decrease significantly

• It will experience a drawdown

• It will continue to grow steadily

What could happen to oil prices if President Trump decertifies the Iran deal?

• Prices could slightly decrease

• Prices could surge significantly

• Prices could remain stable

• Prices could drop significantly

What is the expected price premium on oil if new sanctions are applied?

• $11 to $15 per barrel

• $5 to $10 per barrel

• $3 to $4 per barrel

• $1 to $2 per barrel