Iran paved the way for sanctions relief by agreeing to help end a contentious nuclear investigation, removing one of the final hurdles to an atomic deal that could see Iranian oil return to markets…
Jonathan Tirone and Arsalan Shahla | Bloomberg
“We reviewed the outstanding issues and reached the conclusion to exchange necessary documents between the Atomic Energy Organization and the IAEA by May 21 at the latest,” Eslami said. “These issues should be resolved by the day of return to the nuclear deal.” If successfully implemented, the pact with the IAEA removes one of the last remaining hurdles for Iran to resume JCPOA compliance and increase oil exports. The Trump administration abandoned the deal four years ago and unilaterally imposed U.S. sanctions, prompting Iran to retaliate by ramping up its nuclear activities beyond the levels agreed in the JCPOA. Negotiators have been huddled in Vienna for more than 10 months trying to salvage the accord.
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