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Breaking: What’s next for oil prices after Iran deal?

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Iran and six global powers have reached a historic nuclear deal that could see the end of sanctions against Iran. Saxo Bank’s Ole Hansen looks at how oil exports from Iran will impact the market, which is already facing a supply glut.

The market has been expecting a deal and is now waiting for a press conference later on Tuesday, where the terms of the agreement are to be announced. According to Hansen, traders will be most keen to know when Iran will start exporting oil and how much.