Economists, analysts and policymakers believe that months, perhaps years, of haggling lie ahead to try to negotiate solutions in a trading bloc of more than 500 million people.
Ranges for both underlying EBITDA and EBIT were increased, topping analysts estimates, and free cash flow will also be better than previously expected, Maersk said.
The 14-point memorandum of understanding signed by the U.S. and Iran on June 17 includes the removal of all U.S. sanctions on Iran on “an agreed upon schedule.”