Iran-EU meeting in Brussels on nuclear deal to start on Thursday
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Iranian and EU diplomats will meet in Brussels on Thursday to discuss how to break a months-long standoff with the United States over how to revive the 2015 nuclear deal.
Iranian Foreign Minister Hossein Amirabdollahian gave the date in a parliamentary briefing on Sunday, the semi-official Fars news agency reported, citing lawmaker Ahmad Alirezabeygi, who did not give further details. The meeting in the Belgian capital follows a visit by EU High Representative Enrique Mora to Tehran on Thursday.
EU and Iran to continue talks on nuclear standoff in Brussels (3)
The recently elected Iranian government has delayed the resumption of indirect negotiations with the United States since June, citing the change of administration of radical President Ebrahim Raisi and the need to finalize his negotiating strategy. The 2015 deal capped the Islamic Republic’s nuclear activity in return for sanctions relief until former US President Donald Trump abandoned it three years later, sparking a security crisis in the Gulf Persian.
Oil traders are closely watching the fate of the ongoing negotiations. If the nuclear deal is reinstated, dozens of sanctions against Iran will be lifted, potentially triggering an increase in Iranian crude in the markets at a time when economies are recovering from pandemic lockdowns and spurring strong demand for energy supplies.
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