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A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf July 25, 2005. Photo: REUTERS/Raheb Homavandi i24 News – Emboldened by an oil price surge since Russia’s invasion of Ukraine, Iranian leaders are in no rush to revive a 2015 nuclear pact with world powers to ease sanctions on its energy-reliant economy, according to officials familiar with Tehran’s thinking.
Last year, the Islamic Republic engaged in indirect talks with the United States with the hopes of eventually canceling US sanctions that pushed Iran into worse economic hardships.
But the talks were suspended in March, chiefly over Iran’s insistence on Washington to remove its Islamic Revolutionary Guard Corps from the US Foreign Terrorist Organization list.
While the ultimate goal is to resurrect the nuclear deal and have sanctions lifted, Tehran officials noted that soaring oil prices gave Iran’s economy some breathing room.“Our nuclear program is advancing […]
Excerpt Sourced From: www.algemeiner.com