Iran Positioned to Unload Oil if a Deal Can be Done

In a 15 June story, Reuters (Saul) reported "Iran is storing as much as 40 million barrels of oil on supertankers at sea as it prepares for a sales drive if a nuclear deal can be sealed . . . The first thing they will try and do is offload quite a lot of that storage. (Oil Minister Bijan) Zanganeh has already warned OPEC: make room for us. In other words, we are going to sell this oil at any price," said Mehdi Varzi, a former official at the state-run National Iranian Oil Co."