iranuspeace

Goldman Delta -1 on Iran deal

Oil lower again as market can now see the details of the signed 14pt MOU. Based on what's been reported, the framework seems to accommodate many of Iran’s key demands, including retention of its ballistic missile program, no requirement to export enriched uranium, access to frozen assets, and a substantial reconstruction package ($300bn). There are still obvious questions around implementation, sequencing and verification but for now this seems to have been engineered to take maximum pressure off the oil price as geopolitical questions/regional security/nuclear debates have been differed/delayed.
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Amid ongoing intense mediation efforts by Pakistan, we are fully aware of incessant misinformation campaign being waged by those who want to sabotage the peace deal. Setting aside the noise, we can confirm that a final, agreed upon text of the peace deal has been reached and Pakistan is now working closely with both sides to finalize the next steps. Peace has never been this close as it is now.

Pakistan Prime Minister, Shehbaz Sharif
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