On Tuesday, the head of EU foreign policy stated that a nuclear agreement with Iran might be struck as early as this week.
At the beginning of this month, the EU transmitted a “final document” to resurrect the 2015 agreement that would see Iran scale back its nuclear program in exchange for sanctions relief.
Last Monday, Iran reacted to the SMS by saying, “Okay, with modifications,” as Josep Borrell explained. Borrell also stated that Iran’s reaction was “fair.”
The completed text and Iran’s comments were subsequently transmitted to all parties involved in the negotiations, including China, Russia, Germany, France, and the United Kingdom. According to Borrell, the “majority” supports Iran’s modifications.
However, the agreement’s success now depends on the US response, which Borrell said the EU anticipates this week. If the United States approves the agreement, millions of barrels of Iranian oil could flood world markets, reducing the high oil prices that have been driving up global inflation.
US State Department Spokesperson Ned Price stated on Monday that the US is “encouraged by the fact that Iran appears to have withdrawn some of its non-negotiable demands.”
Nevertheless, he noted, “there are still some lingering concerns that must be settled.” “We are working as fast, systematically, and cautiously as possible to ensure that our response is comprehensive. It considers the Iranian comments, and as soon as possible, we will submit it to the EU “He elucidated.
Price stated that if the Iranian reaction had been a “clear yes,” “back and forth” would not have been necessary.
On Monday, the spokesperson for Iran’s Foreign Ministry, Nasser Kanaani, accused the United States of “procrastination.”