Iran’s Foreign Ministry has again reported progress in the Vienna talks, with expectations that the nuclear deal could be restored in a mere matter of days.
This is a continuation of recent optimism about the process, with Iran in particular seeing a lot of steps in the right direction. The expectation is that the P5+1 deal will be restored, though exact details on things like Iran wanting the US to promise not to unilaterally abandon the deal again are still to be worked out.
There is heavy anticipation for the economic opportunities of this deal, with hopes for Iranian oil exports being quickly restored, and prices already dipping on that possibility.
Sanctions relief is a big deal for Iran’s economy, and would expect to be more impactful than in the first deal, as the US never really complied with the terms of that deal, and kept other parties from doing so with threats of sanctions.
This reporting is becoming a form of trolling in my opinion. Just yesterday Iran listed their final demands – which were the same demands they’ve made all along – which means they’ve not gotten any of them so far. So what is this “progress” people get blathering about?
I want to see this deal get done and sanctions lifted and let Iran get back to its business…!
Getting Irans oil back onto the market at pre sanction level should help reduce this high oil price.
The move is afoot for Iran to join OPEC+. It successfully navigated several oil crisis cycles.
Iran has signed 25 year deal with China and 20 year deal with.Russia. All involve long term investments in energy, infrastructure, military and trade.
US is simply being a day late and a dollar short,