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On July 3, Iran signed a $4.8 billion natural gas deal with French major Total SA (NYSE ADR: TOT) and China's CNPC.
That's the first major deal with foreign companies since sanctions were first imposed on Iran to halt its nuclear program.
To find out what it all means – for the sanctions on Iran and for energy markets – i24 News invited Dr. Kent Moors to explain.
Here's what he had to say…
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The post What Iran's $4.8 Billion Gas Deal Really Means for Sanctions and the Energy Market appeared first on Oil & Energy Investor.
About the Author
Dr. Kent Moors is an internationally recognized expert in oil and natural gas policy, risk assessment, and emerging market economic development. He serves as an advisor to many U.S. governors and foreign governments. Kent details his latest global travels in his free Oil & Energy Investor e-letter. He makes specific investment recommendations in his newsletter, the Energy Advantage. For more active investors, he issues shorter-term trades in his Energy Inner Circle.