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Iran’s Rouhani Says US Has Agreed to Lift Major Sanctions An unnamed Iranian source refuted Rouhani s claims to Iran s
PressTV
On Thursday, Iranian President Hassan Rouhani said the US agreed to lift most major sanctions on Iran during the latest round of nuclear talks in Vienna. He said only “minor issues” need to be worked out in the fifth round of negotiations which will begin next week.
“The talks in Vienna are about minor issues. They have accepted to lift sanctions on Iran’s oil and shipping sectors as well as sanctions on the central bank and others,” Rouhani said during a televised cabinet meeting.
Following three days of losses, oil prices rebounded early on Friday amid fuel demand recovery in the U.S. and Europe, but they were still set for a weekly drop of around 4 percent, which would be the steepest weekly decline since March
World Unfiltered: Is Turkish Foreign Policy in Trouble? eaworldview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eaworldview.com Daily Mail and Mail on Sunday newspapers.
Oil futures settle lower as traders assess apparent progress in talks over Iran nuclear deal MarketWatch 3 hrs ago
MARKET PULSE
Oil futures settled lower on Thursday, down for a third consecutive session, with U.S. prices at their lowest since late April. Prices have declined on the premise that Iranian supply could find its way back on to the market, said Michael Hewson, chief market analyst at CMC Markets UK. European Union officials reportedly expressed confidence that a deal could be reached in anticipation that the U.S. could ease some of the sanctions on Iran, and Iranian President Hassan Rouhani has claimed that an agreement has been reached on a number of key issues, although some other smaller issues remain, Hewson said. West Texas Intermediate oil for June delivery which expired at the end of the session, fell $1.31, or 2.1%, to end at $62.05 a barrel on the New York Mercantile Exchange. Front-month contract prices marked their lowest finish since April 26, acc