The Iran Deal

What the Iran Deal Means for the World Economy – Kasia Klimasinska

With Obama securing enough Senate votes to support an historic accord, it looks like Iran is closer to emerging from some of the financial restrictions imposed to discourage it from developing nuclear weapons. Here’s what the deal means economically.

1. Iran

Iran is clearly the top winner, with its $388 billion economy likely to reach 6 percent growth as early as 2016, according to Garbis Iradian, chief economist for the Middle East & North Africa at the Institute of International Finance.

2. Oil prices

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Categories: The Iran Deal

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