Rapidan's McNally: Iran's Return Won't Cause an OPEC+ Breakdown

The transcript discusses the potential impact of Iran re-entering the oil market following a deal to lift sanctions. It explores how quickly Iran can ramp up production and the implications for OPEC and global oil prices. The discussion includes the geopolitical risks from countries like Libya and Iraq, and predictions on oil prices, suggesting that Iran's return could cap prices around $65 Brent.

What challenges does OPEC plus face with the potential increase in Iranian oil exports?

How does the situation in Libya affect the oil market in relation to the Iran deal?

What is the expected impact on global oil prices with the return of Iranian oil to the market?