FXStreet (Mumbai) – As per Bloomberg reports, Iranian diplomat has confirmed that Iran and major powers have reached a nuclear deal, which shall open doors for more Iranian oil exports in the future.
The details of the deal could be revealed at the press conference scheduled at 09:30 BST. WTI Oil has extended losses to trade around USD 51.25/barrel, while Brent Crude hit a session low of USD 57.32/barrel.
(Market News Provided by FXstreet)