Iran and six world powers have just reached an agreement in Geneva on curbing Tehran’s nuclear program in exchange for some sanctions relief, according to published reports.
Few details of the agreement have yet been released, but news of the pact was reported by the Associated Press, The Washington Post and others.
Reuters reported: “Iran will get access to $4.2 billion in foreign exchange as part of an agreement under which it will curb its nuclear program in exchange for limited sanctions relief, a Western diplomat said on Sunday.”
In addition to Iran, the deal involved the United States, the U.K., Russia, China, France and Germany.
The Washington Post cited the Iranian foreign minister and a spokesman for the European Union’s foreign policy chief in reporting the news. The White House said President Obama would deliver a statement Saturday night on the situation.
We will update this post as details become available.