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Rexit: oil market impact
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Report summary
The departure of US Secretary of State Rex Tillerson on 13 March has led to speculation over the impact this could have on the status of the Iran nuclear deal, JCPOA. Secretary Tillerson has been a moderate voice in the Trump administration and helped convince President Trump to maintain US participation in the deal. President Trump has reiterated numerous times that the Iran deal is "terrible", and after firing Tillerson he told reporters he disagreed with Tillerson's moderate stance on the Iran deal. What does this mean for the oil market?
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