Iran deal could flood the world with oil — bet against Big Oil
Oil just posted its worst month in six years as President Trump signals the U.S. is close to a deal with Iran that would release more oil supply into the global market, pushing prices even lower.
Idea
If the Iran deal goes through, Iranian crude exports would surge, dumping more supply into a market that's already oversupplied. That pushes oil prices down even further — and oil companies' profits move almost in lockstep with the price of crude. Brent is already having its worst monthly slide in six years purely on deal expectations, meaning the market is pricing in a likely agreement. If Trump confirms the deal, oil stocks could see another sharp leg down. Even a delay only pauses the slide; the directional pressure remains downward as long as the deal stays on the table.