Beefing up international monitoring of Iran's nuclear work could become the biggest stumbling block to a final accord between Tehran and major powers, despite a preliminary deal reached last week.
As part of that deal, Iran an
Oil futures climbed more than $1 a barrel on Monday, after Saudi Arabia raised prices for crude sales to Asia for a second month, signalling better demand in the region.
International benchmark Brent regained ground after tumbling
German companies are hoping to win billions of euros worth of business from Iran after world powers reached a preliminary nuclear accord with Tehran, and Germany's engineering body urged banks to revise their business policies towards Iran.
Iranian President Hassan Rouhani said on Friday that a framework for a nuclear deal was just the first step toward building a new relationship with the world, after Iranians greeted the announcement of the accord with celebrations in the streets
Oil prices fell on Monday as officials from Iran and six world powers discussed a possible deal over Tehran's nuclear programme that could bring an end to sanctions and allow an increase in Iranian oil exports.
The two sides h
President Barack Obama phoned Saudi King Abdullah on Wednesday to discuss the interim deal between Iran and six world powers to curb Tehran's nuclear program, and emphasised that it will be important for Iran to follow through on commitments
Sometimes what is left unsaid is more important than what is actually written down in the text of an agreement. In the case of the deal between Iran and the five permanent members of the UN Security Council plus Germany (P5+1), the interim agree
Turkey's stock market surged 1.6 percent on Monday after Iran sealed a historic nuclear deal with the West, which is viewed as reducing political risk in the oil-producing Middle East and opening the door to more trade with one of the region
The nuclear deal signed on Sunday will not allow any more Iranian oil into the market, or let western energy investors into the country, but it does freeze US plans for deeper cuts to Iranian crude exports, Washington says.