The oil market has been counting on Iran as a key new source of supply, and the current uncertainty may see investors step back. (Bloomberg) — Iran’s resurgent oil industry has confounded skeptics. Production is up by almost a third since sanctions were eased in January and foreign companies are lining up to help boost output further. Yet Donald Trump’s victory in the U.S. casts doubt on whether the momentum can last. “The risk is heightened for future projects,” said Robin Mills, who founded Dubai-based consultants Qamar Energy and worked for Royal Dutch Shell Plc in Iran. “It’s gotten more complicated.” The U.S. president-elect has vowed to tear apart the international nuclear deal with Iran that unlocked the country’s oil exports this year. Such a move could obstruct its plans to pump a further 800,000 barrels a day with $100 billion of foreign investment. The oil market has been […]