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3 Apr 2015
Oil and banking sanctions to be removed on Iran – TradeTheNews
FXStreet (Barcelona) - The TradeTheNews Team comments on the agreement between Iran and the major powers on the nuclear issue.
Key Quotes
“The major focus today is the framework deal on Iran's nuclear issue. Iran has agreed with the major powers that two thirds of Iran's current enrichment capacity will be suspended and monitored for 10 years. As in return, all oil and banking sanctions will be removed on Iran.”
“Crude oil traded lower to just above $49 per barrel during US trading session after the deal.”
“A final agreement is expected at June 30th, after current framework agreement.”
Key Quotes
“The major focus today is the framework deal on Iran's nuclear issue. Iran has agreed with the major powers that two thirds of Iran's current enrichment capacity will be suspended and monitored for 10 years. As in return, all oil and banking sanctions will be removed on Iran.”
“Crude oil traded lower to just above $49 per barrel during US trading session after the deal.”
“A final agreement is expected at June 30th, after current framework agreement.”