U.S. oil prices to benefit from Iran Nuclear Deal

Iran nuclear deal sets trajectory for U.S. oil prices to sink below $2 by the end of 2015. Since 1995, sanctions against Iran have prohibited the nation from selling to many Western countries. This major deal between 6 major powers and Iran will lift certain sanctions, however the exact details of how the sanctions will be lifted is undetermined.

According to experts at a Credit Suisse conference, Iran could add as much as 500,000 barrels of oil per day to the worldwide market; 800,000 after sanctions are lifted. This is in addition to the 30 million barrels that Iran currently has in storage.

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Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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