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Iran sanctions ‘could be lifted in December’ – Fabius

Iran

French Foreign Minister Laurent Fabius says some EU sanctions on Iran could be lifted as early as next month, as part of a nuclear deal with world powers.

He was speaking after crowds in Tehran cheered negotiators who had agreed to curb some of Iran’s nuclear activities in return for sanctions relief.

The six-month interim deal agreed in Geneva prompted a fall in oil prices on markets on Monday.

But Israel’s prime minister has warned the agreement is a “historic mistake”.

US President Barack Obama phoned Benjamin Netanyahu to discuss the deal on Sunday. He told the Israeli leader the US understood Israel “has good reason to be sceptical about Iran’s intentions” and promised to consult its ally closely, the White House said.

Saudi Arabia – Iran’s regional rival – cautiously welcomed the deal.

“This agreement could be a first step towards a comprehensive solution for Iran’s nuclear programme, if there are good intentions,” a statement said.

However, a London-based Saudi official earlier told the BBC his country had been lied to.

‘Nothing is settled’…

Source:BBC

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