Oil Prices Dropped as P5+1 and Iran Reached a Deal
Oil prices weakened as P5+1 and Iran reached a deal to curb the Middle East country's nuclear activities. As stated in the fact sheet published by the White House, the steps to be carried out over the coming 6 months to halt the progress of Iran's nuclear program include "significant limits on Iran's nuclear program and begins to address our most urgent concerns including Iran's enrichment capabilities; its existing stockpiles of enriched uranium; the number and capabilities of its centrifuges; and its ability to produce weapons-grade plutonium using the Arak reactor".
Originally posted here:
Oil Prices Dropped as P5+1 and Iran Reached a Deal

