EU: Iran may return to world oil markets


May 13, Fineko/ Negotiations between the EU and Iran on the nuclear deal are ongoing.

ABC.AZ reports with reference to the foreign press, the EU High Representative for Foreign Relations & Security Policy Joseph Borrell said in an interview in Germany that negotiations between the EU and Iran have resumed after several months of tension. If an agreement is reached, Iran may return to the world oil markets.

EU negotiations coordinator Enrique Mora assessed the visit to Tehran "better than expected".

The nuclear deal signed with Iran in 2015, which Trump decided to cancel three years later, provided for the suspension of the Iranian nuclear program in exchange for easing sanctions, including oil exports.