Bloomberg (gated) with the report, in brief:
- Iran is pitching a “trillion-dollar” investment opportunity to the US amid nuclear talks, aiming to ease sanctions and attract American industries to its energy and nuclear sectors.
- Tehran’s economic struggles have made it more open to cooperation, but corruption and deep mistrust still cloud the negotiations.
- The US insists Iran cannot develop nuclear weapons, keeping the final outcome uncertain.
Bloomberg cite unnamed sources.
If some sort of deal is reached it may prompt further oil supply to market.
This article was written by Eamonn Sheridan at www.forexlive.com.