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Commodities Briefing - Categorized | Oil, Price Watch more

Iran accord send oil prices down in Asia

Posted on 25 November 2013

Oil prices fell early Monday in Asia, as a nuclear accord between Iran and six world powers eased geopolitical tensions. The deal may pave the way for more crude oil to reach the global market.
The U.S. and five other world powers struck a historic accord with Iran on Sunday, agreeing to ease part of an economic stranglehold in exchange for steps to cap Tehran’s nuclear program. The accord aims to ensure that the Islamist government doesn’t rush to develop atomic weapons………………………………………..Full Article: Source


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