Sunday, December 29, 2024
Analysis: Iran nuclear deal rescue needs more time, envoys say ahead of fresh talks- oil and gas 360

Analysis: Iran nuclear deal rescue needs more time, envoys say ahead of fresh talks

Reuters A host of barriers to the revival of Iran’s nuclear deal remain firmly in place ahead of talks due to resume this week between Tehran and world powers, suggesting a return to compliance with the 2015 accord is still a way off, four diplomats, two Iranian officials and two analysts say. Iranian demands about sanctions relief and Western concern

Oil prices retreat but outlook remains positive- oil and gas 360

Oil prices retreat but outlook remains positive

Reuters Oil prices extended losses on Tuesday on profit taking and a stronger U.S. dollar, but overall optimism about recovering demand kept a floor under prices. Brent crude was down 37 cents, or 0.5%, at $71.12 a barrel by 1335 GMT, after declining 0.6% on Monday. U.S. West Texas Intermediate oil was off by 27 cents, or 0.4%, at $68.96