It would be wrong to think that oil price is going to explode now, there are a number of factors which would stop that. Iran has a history of dealing with sanctions and this time the drop in oil production may not be that significant. Higher oil price would help the country's economic situation.
from Forbes Real Time https://www.forbes.com/sites/naeemaslam/2018/05/09/it-would-be-a-mistake-to-be-overly-bullish-on-oil/
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