Video|12 July 2024

MENA – Reformist Masoud Pezeshkian wins Iran’s election runoff

John Payne

Senior Economist, EMEA Macro Consulting

Reformist Masoud Pezeshkian wins Iran’s election runoff

Iran has elected a new reformist president, the least conservative among the candidates. We think his victory will have no meaningful impact on growth given ongoing sanctions. However, it offers a chance to re-engage nuclear talks, suggesting upside risks for oil production and exports in the medium-term.

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