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Are you ready for a 10% drop in crude?

If sanctions on Iran are lifted, crude oil could drop by up to ten percent. So says Saxo Bank's Ole Hansen as he eyes a deadline on talks about Iran's nuclear programme this Tuesday. If an agreement with the US is reached, Iranian oil could soon start flowing back into international markets.

However, a deal is by no means certain and sanctions might not necessarily be lifted immediately. Traders though need to be aware of the risks and the opportunities.

01:33 minutes
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