Oil Dependency in New Budget Is Unwarranted

Return of normalcy to Iran’s oil export after US president-elect Joe Biden takes office in January and eases the economic siege is way off, a deputy head of the Iran Chamber of Commerce, Industries, Mines, and Agriculture's Exports Commission said.
“There is no consensus among officials about the future of US sanctions and the Joint Comprehensive Plan of Action [the 2015 Iran nuclear deal]. Even if the incoming US administration eases the path for Iran's return to the oil market, when that would happen in not clear,” Hamidreza Salehi was quoted as saying by ISNA.
Under the current circumstances and given the destruction that Covid-19 has unleashed on oil demand and prices, contemplating that “the world is waiting for Iranian oil is wishful thinking,” Salehi warned.