Iran Says World Powers Accept Sanctions Should End; Crude Falls

  • Oil, banking, shipping, insurance sanctions will be lifted
  • Rouhani says some issues outstanding before deal is final

Photographer: Anadolu Agency/Getty Images

Lock
This article is for subscribers only.

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

Iran’s President Hassan Rouhani said world powers have accepted that major sanctions on his country -- including those affecting oil, banking and shipping -- will be lifted, triggering a drop in crude prices.