Oil – reports that talks to revive the 2015 Iran nuclear deal have made significant progress

The reports add that a breakthrough is within reach.

ICYMI from earlier, looking positive:

“In these last two weeks, we have been successful in moving a lot of things forward,” said Iran’s deputy foreign minister Abbas Araqchi:

  • we have been successful in moving a lot of things forward
  • We can now say that we have reached a framework or structure of an agreement

US State Dept comments on the negotiations:

  • really helped to crystallize choices that need to be made by Iran, as well as by the US in order to come back into a mutual return to compliance with the JCPOA

The Vienna talks have been chipping away at issues since early May.

The reports add that a breakthrough is within reach.

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