Falling oil prices — Is Iran the biggest loser? And what does it mean for nuclear talks?

Crude oil prices have fallen by more than half in the past six months, a collapse that poses profound implications for the global economy and the international order. No country has been hit harder than Iran by the price collapse, which has unfolded at a critical interval for the country’s domestic political balance and its .

The price collapse comes after more than a decade of mostly boom years for oil producing states, interrupted only briefly by the 2008 global financial crisis.  —