Iran Nuclear Deal: Final Push
An Iranian woman walks past a mural in the capital Tehran. Photographer: Atta Kenare/AFP/Getty Images
The diplomatic saga that is the Iran nuclear deal may finally be entering its closing chapter — with expectations of an imminent breakthrough growing as Washington and Tehran responded to a “final” European Union proposal that would ease sanctions on Iran’s economy, including oil exports, in return for scaling back its advancing atomic program.
The European Union has framed the latest discussions as a last ditch, final effort but diplomats are still working through a number of sticking points and these talks have been defined by how often they’ve stalled or appeared in the brink of failure. Oil markets will be closely watching for more signs that point favorably toward a breakthrough, especially that ship-tracking data shows that a sizeable volume of crude could swiftly reach buyers.
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