Acyn@Acyn
Pape: We're about to enter the period of maximum leverage for Iran. When we hit the oil inventory cliff, as we're going to do in the middle of July, end of July, that means when our inventories go down, Iran's leverage goes up and will stay up through the midterms.
So that is why there's no chance, very little chance Iran is going to cut a deal right now. Why would it cut a deal when its leverage is about to grow? Everybody knows it's going to grow.
President Trump can talk down oil prices only for so long. Once that oil inventory dries up here at the end of first week of August, as all the world's experts, the actual experts are predicting…