WTI briefly paused its ongoing uptrend and pulled back slightly from two-and-half-year highs of $72.69 after Iran announced that it has reached a broad agreement with the US over the lifting of the energy sanctions.
Saeed Khatibzadeh, a spokesman for Iran’s Foreign Ministry, said: “Some minute technical, political, legal and practical issues remain.”
“No task was impossible for negotiators” and there’s no impasse, he added.
more to come …
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