A nuclear deal with Iran has been moribund since 2018 when Donald Trump’s administration reimposed crippling sanctions. Photo: Reuters
A nuclear deal with Iran has been moribund since 2018 when Donald Trump’s administration reimposed crippling sanctions. Photo: Reuters
Middle East

EU mulls Iran’s response to ‘final’ nuclear draft agreement, triggers fall in oil prices

  • The possibility of a deal which might lead to the lifting of US sanctions on Iran’s oil output of 2.5 million barrels per day has already helped trigger a fall in prices
  • The deal has been moribund since the 2018 withdrawal of the United States under then president Donald Trump whose administration reimposed crippling sanctions

A nuclear deal with Iran has been moribund since 2018 when Donald Trump’s administration reimposed crippling sanctions. Photo: Reuters
A nuclear deal with Iran has been moribund since 2018 when Donald Trump’s administration reimposed crippling sanctions. Photo: Reuters
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