Economics

Iran Nuclear Deal Takes Shape, Powers Poised to Expand Ties

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Diplomats will start drafting a final accord this week to resolve a decade-long standoff with Iran that would rescind oil and banking sanctions in return for limits on the Islamic Republic’s nuclear program.

The five days of scheduled talks in Vienna will be the longest round of haggling since November, when diplomats agreed to a temporary accord. U.S., Russian and Iranian officials have said draftingBloomberg Terminal should begin this week to meet a July 20 target.