Loading ...Oil Slides After Iran Says US Agreed To Lift Oil Sanctions During Talks, Long-Term ‘Nuclear Freeze’ On Table
Saudi state-owned Al Arabiya early Monday has issued a bombshell if true (but still very much not officially confirmed), reporting that Iran has agreed to a long-term nuclear freeze instead of a complete dismantling. The outlet also reports that Iran has withdrawn its demand for compensation, instead demanding economic concessions. However, this could be highly dubious, given over the past several days Tehran has not shown willingness to back down from this demand of compensation.
It also seems Russia’s offer to take and temporarily hold Iran’s enriched uranium is being taken seriously. Here are the alleged “leaks” of the working draft peace document:
Working on a condition transfer of enriched uranium to Russia instead of the US.
Seeking multiple international guarantees for any agreement.
Wants Pakistan and Oman to have a ‘role’ in any ‘clash’ in the Strait of Hormuz.
Seeking a political formation that allows Iran to save face.
Separate the maritime route from nuclear issues.
Oil pushes lower on the additional headlines, following initial reports that the US would lift sanctions on Iranian oil during the negotiating period…