Iran’s ForeignMin Zarif: Sanctions relief must precede talks

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Iran’s Foreign Minister Mohammad Javad Zarif is on wires during Tuesday morning in Asia. Mr. Zarif continues to remain strong in his verdict for the US to talk while demanding a lift of harsh US sanctions.

Keynotes:

President Donald Trump must lift harsh economic sanctions on Tehran to clear the way for negotiations.

The country does not want a war with the US.

More to come…

FX Impact:

While immediate reaction to the news is mostly muted, this could keep energy traders on edge considering Iran’s position in the global oil producers’ stage.

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