Al Arabiya reports:
Agreement would immediately open Hormuz
A Qatari-Pakistani proposal has revised the path of serious negotiations between Washington and Tehran
Arrangements are underway to discuss the return of IAEA inspectors to Iran
Washington has agreed to allow uranium enrichment inside Iran at a level of 3.67%, and Tehran has agreed
Discussions are underway regarding the involvement of a third country to facilitate the reduction of highly enriched uranium levels in Iran (likely Russia IMO)
A preliminary agreement on reducing Iranian uranium enrichment is likely
The S&P 500 is up 2.7% to 7573, a session high. Oil is also under pressure on the headlines.
This article was written by Adam Button at investinglive.com.
