The role of European powers is now more prominent, as Tehran is unwilling to engage with US amid Israeli attacks.Zero enrichment will undoubtedly be rejected, ‘especially now, under Israel’s strikes’.We need to hear E3’s initiative on the nuclear issue.
These comments to Reuters are giving a boost to risk assets and weighing on oil. Today there’s the meeting in Geneva between the Iranian Foreign Minister and his European counterparts.
This article was written by Giuseppe Dellamotta at www.forexlive.com.