Wednesday 6 May 2015

Never Mind Oil, Iran’s About to Shake the World Pistachio Market - Bloomberg Business

Never Mind Oil, Iran’s About to Shake the World Pistachio Market - Bloomberg Business:



"Iran is ready to return to the global commodities market, flooding it with fresh supplies and risking a slump in prices.



Oil? Possibly, but there’s a second industry that could be even more disrupted by a nuclear pact between Iran and the west: pistachio nuts.



Iran has far more clout in the market for cocktail nibbles than it does in crude trading. While it ranks only as the world’s seventh-largest oil producer, the Middle Eastern country vies with the U.S. to be the biggest pistachio grower."



'via Blog this'

No comments:

Post a Comment