Iran Nuclear Talks Move Close To Deal

The future of oil prices is on the table after the European Union moderators of the U.S.-Iran nuclear talks presented the two sides with a final version of the agreement this week. Should the sides make the respective concessions that the agreement requires, oil prices could plunge as Iranian crude returns to international markets officially. If the talks fail, Iran sanctions will remain, cutting the country off most international oil markets. “It is now in a final text,” the European Union’s top diplomat, Josep Borrell Fontelles,…