World Powers and Iran Suspend Efforts To Revive 2015 Nuclear Accord
The world powers and Iran halted their efforts to revive the 2015 nuclear deal and could rekindle a crisis that would shake up the already growing oil market and plunge energy exporter Persian Gulf into a new vicious cycle of violence.
The world powers and Iran halted their efforts to revive the 2015 nuclear deal and could rekindle a crisis that would shake up the already growing oil market and plunge energy exporter Persian Gulf into a new vicious cycle of violence.Oil prices extended gains on the break in negotiations as traders discarded cautious expectations that the U.S. would eventually lift its sanctions on Iran’s economy and ease an effective blockade on the OPEC member’s oil exports.
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BREAKING: World powers and Iran suspend their efforts to revive the 2015 nuclear accord, reigniting a crisis that’s set to roil oil markets https://t.co/fmQkGHDvNI pic.twitter.com/H9p79LKxKn
— Bloomberg (@business) March 11, 2022
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(The above story first appeared on LatestLY on Mar 11, 2022 04:20 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
