Iran Press/ Europe: Crude oil prices are still higher on the day but cut gains substantially stating an hour ago, after the Iran foreign minister, in a meeting with Zanzibar's president, said: "We are in the final stages of the removal of sanctions, and if the Americans act realistically, I think the issue can be resolved."
That's caused about an 80-cent decline, but on the daily chart, there's not much there with traders waiting for something straightforward, which could come on the weekend, ForexLive reported.
On Friday, Iran's Foreign Minister Hossein Amir-Abdollahian said that a lot of effort had been made by President Raisi's government to lift the sanctions on Iran, adding that the talks are close to the end of the Americans are realistic.
Earlier on Thursday, Iranian Foreign Minister Hossein Amir-Abdollahian, who visited Tanzania, said that the Islamic Republic is serious on remaining safeguards issues and is at no cost ready to yield to IAEA baseless accusations whenever they wish to collaborate with the Zionist regime.
Iran's FM said: "We are considering to work on making the sanctions ineffective" because even if a deal is reached at first, only the secondary sanctions will be removed, but the primary sanctions will remain untouched for the time being, according to the JCPOA framework."
Amirabdollahian said that Iran received the Americans' response, and "we are still surveying and precisely analyzing the last text on the table and the last response that we received yesterday."
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