Sanctions Deal, Tanker Appeal?

17 Jul 2015: What is the impact of the Iran deal on the tanker market?  On July 14, the P5+1 (5 permanent members of the UN Security Council plus Germany) announced that they reached an agreement with the Iranian government on sanctions relief in exchange for compliance of Iran with a series of requirements which reduce their ability to create nuclear weapons for at least a decade.  Before the sanctions took effect in 2012, Iran exported about 2.5 million barrels of oil per day (Mb/d) compared to about 1.3 Mb/d in 2014. What will the likely impact on the tanker market be?   Download here