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Added on the 21/11/2014 20:48:53 - Copyright : Reuters EN
After almost two years of negotiations, Iran, the U.S., the UK, France, Germany, China and Russia on Tuesday signed a nuclear agreement in Vienna aimed at blocking Iran’s development of nuclear weapons in exchange for the lifting of economic sanctions.
Oil prices drop, pushing commodity-linked shares and currencies lower, after Iran and six world powers reach a historic nuclear deal expected to increase supply of Iranian crude on world markets. Hayley Platt reports
The EU's foreign policy chief says he is hopeful the Iran nuclear deal could be revived after receiving "reasonable" responses to his proposed text from Iran and the United States. "I am hoping that in the coming days we are not going to lose this momentum and we can close the deal" says Josep Borrell, at an informal meeing of EU foreign ministers in Prague. SOUNDBITE
The EU says "everybody is studying the response and this is not the time, for the moment, to speculate on timing", as it mulls Iran's reponse to a "final" draft agreement on reviving a 2015 nuclear accord with major powers it presented at talks in Vienna. SOUNDBITE
The United States says that it is now up to Iran to make hard decisions in order to restore the 2015 deal on limiting its nuclear program in exchange for lifting sanctions. After nearly a year of negotiations, "the onus is on Tehran to make decisions that it might consider difficult," State Department spokesperson Ned Price tells reporters. SOUNDBITE
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