Kaplan: U.S.-Iran détente could ease oil prices and give the Fed more time on rate hikes

Robert Kaplan, vice chairman at Goldman Sachs and former Dallas Fed president, said a meaningful easing in U.S.-Iran tensions could weigh on oil price expectations. He said a resulting decline in crude prices (CL1:COM), (CO1:COM) would give the Federal Reserve more breathing room to delay interest-rate hikes.