Despite the back and forth, progress is still being made on the resumption of the Iran nuclear deal.
Last week, Iran submitted a written reply to the European Union on the latest draft of the Vienna talks on the Iran nuclear deal. Media reports said Europe’s “final text” on reviving the Iran nuclear deal includes provisions to release billions of dollars in frozen Iranian funds and oil exports in exchange for Iran scaling back its nuclear program. It takes place in four phases over 60 days.
Earlier, Mohammad Marandi, an adviser to the Iranian negotiating team, said: “We are closer to an agreement than before, and the remaining issues are not difficult to solve.” In addition, the “final text” proposal was also approved by the United States, saying that if Iran accepts The U.S. side is considering signing the agreement quickly.
The progress made in the Iran nuclear deal has also aroused market concerns about the supply side of crude oil…