• 5 minutes Oil prices forecast
  • 8 minutes Nuclear Power Can Be Green – But At A Price
  • 11 minutes Projection Of Experts: Oil Prices Expected To Stay Anchored Around $65-70 Through 2023
  • 16 minutes Europe Slipping into Recession?
  • 3 hours *Happy Dance* ... U.S. Shale Oil Slowdown
  • 1 min Socialists want to exorcise the O&G demon by 2030
  • 2 days U.S. Treasury Secretary Mnuchin Weighs Lifting Tariffs On China
  • 20 hours Germany: Russia Can Save INF If It Stops Violating The Treaty
  • 1 day Chevron to Boost Spend on Quick-Return Projects
  • 19 hours Maritime Act of 2020 and pending carbon tax effects
  • 10 mins UK, Stay in EU, Says Tusk
  • 1 day Connection Between Climate Rules And German's No-Limit Autobahns? Strange, But It Exists
  • 1 day Conspiracy - Theory versus Reality
  • 2 days What will Saudi Arabia say? Booming Qatar-Turkey Trade To Hit $2 bn For 2018
  • 2 days Regular Gas dropped to $2.21 per gallon today
  • 2 days German Carmakers Warning: Hard Brexit Would Be "Fatal"

Iran-U.S. Make Progress In Latest Nuclear Talks

U.S. Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif have wrapped up three days of talks over Iran's nuclear program, as a deadline for a framework deal looms.

Zarif said on March 4 that progress was made during the talks in the Swiss resort of Montreux, but added that "a lot of work remains."

Kerry told reporters, "From the beginning, these negotiations have been tough and intense and they remain so."

"The purpose of these negotiations is not to get any deal, it's to get the right deal, one that can withstand scrutiny," he added.

The secretary of state said he will have his next meeting with Zarif on March 15 and that he won't be distracted from the talks by external factors or politics.

Related: Iran’s Khamenei Throws Support To A Practical Nuclear Deal With West

The United States and five other powers -- Britain, China, France, Germany, and Russia -- are seeking a deal with Iran under which Tehran, in exchange for sanctions relief, would limit its nuclear program.

Western nations fear Iran's nuclear activities could lead to the development of nuclear weapons, allegations which the Islamic republic rejects.

The negotiating sides have set an end-of-March deadline for a framework agreement and a June 30 deadline for a full deal.

Kerry will fly later in the day to Saudi Arabia to ease Gulf Arab concerns about a deal with Iran.

An unidentified U.S. official said he will meet his French, German, and British counterparts on March 7.

On March 3, Israeli Prime Minister Benjamin Netanyahu warned that such a deal could "pave Iran's path to the bomb" rather than block it.

Reacting to Netanyahu's address to U.S. Congress, President Barack Obama said the prime minister had offered no viable alternative.

An Iranian Foreign Ministry spokeswoman dismissed Netanyahu's speech as "boring and repetitive" and "part of the hard-liners' election campaign in Tel Aviv," IRNA reported.

Also on March 4, the United Nations' nuclear watchdog said its representatives will meet Iranian officials in Tehran on March 9 to discuss technical details of Iran's nuclear work.

Related: Europe And Iran: The Nuclear Dispute And The Syrian Crisis

The International Atomic Energy Agency (IAEA) said the delegation will be headed by its chief inspector, Tero Varjoranta.

The last such technical meeting dates back to November 2014.

IAEA Director-General Yukiya Amano told the IAEA's board of governors in Vienna on March 2 that Iran had still not handed over key information to his staff.

Yukiya said the agency could not "conclude that all nuclear material in Iran is in peaceful activities."

Amano said the IAEA remained ready to accelerate the resolution of all outstanding issues, adding that "this process cannot continue indefinitely."

By RFERL

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment
  • kafantaris on March 04 2015 said:
    The real damage Netanyahu has done to Israel is that he prompted ordinary Americans to ask, "Why are the U.S. and Israel so close?"

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News