Oil futures edged lower on Wednesday amid speculation that a last-minute deal over Iran's nuclear programme would be reached that could allow more Iranian crude onto world markets.
April 01, 2015 - 13:33 GMT
Oil futures edged lower on Wednesday amid speculation that a last-minute deal over Iran's nuclear programme.
Iranian Foreign Minister Mohammad Javad Zarif (right) shakes hands with US Secretary of State John Kerry (left) in Geneva, January 14, 2015. (AFP/Rick Wilking)
April 01, 2015 - 13:15 GMT
US Secretary of State John Kerry and his Iranian counterpart Mohammad Javad Zarif are holding a bilateral meeting in Lausanne and the nuclear talks have hit a stalemate of sanctions framework.
Head of Iranian Atomic Energy Organization Ali Akbar Salehi walks with others during a break in a meeting with world powers representatives seeking to pin down a nuclear deal with Iran at the Beau Rivage Palace Hotel, on March 31, 2015 in Lausanne. (AFP/Brendan Smialowski)
April 01, 2015 - 11:45 GMT
The P5+1 countries have failed to agree on a framework to lift sanctions against Iran, which have been paralyzing the country's economy.
Israeli Prime Minister Benjamin Netanyahu gestures as he delivers a speech during an event following the first session of the newly-elected Knesset (Israel's Parliament) on March 31, 2015 in Jerusalem. (AFP/ Gali Tibbon)
April 01, 2015 - 11:32 GMT
The PM called the nuclear deal unconscionable as it threatens the security of Israel.
Hours before the midnight deadline Tuesday, US officials said negotiations could extend through Wednesday so long as
April 01, 2015 - 07:38 GMT
After a midnight deadline passed without a deal Tuesday, officials taking part in the Iranian nuclear negotiations in Switzerland said a new deadline has been set for the end of Wednesday.
Back at home, Iranian President Hassan Rouhani is facing pressure from hard-liners not to release too much to reach a deal, and to deliver on a promise to lift sanctions. (AFP/File)
April 01, 2015 - 06:56 GMT
Amid deadlocks, nuclear talks between Iran and world powers in Switzerland soar past their midnight deadline.
Short positions in US crude have risen to a record high as traders bet record crude stocks in the United States will keep it under pressure relative to Brent.
March 31, 2015 - 18:55 GMT
Oil futures extended losses on Tuesday, as Iran and six world powers ramped up the pace of negotiations to reach a preliminary deal.
P5+1 European Union officials and Iranian officials wait for the start of a meeting on Iran's nuclear program at the Beau Rivage Palace Hotel in Lausanne, Switzerland on March 30, 2015. (AFP/File)
March 31, 2015 - 17:49 GMT
A senior US official told AFP the talks on the nuclear deal between Iran and the world powers could go into Wednesday.
Officials wait for a meeting with officials from P5+1, the European Union and Iran at the Beau Rivage Palace Hotel March 31, 2015 in Lausanne. (AFP/File)
March 31, 2015 - 13:17 GMT
Will disagreements on enrichment research and the pace of lifting sanctions delay a final agreement among P5+1 countries regarding Iran's nuclear program?
Humanitarian workers from the Iranian Red Crescent loading medical aid. (AFP/File)
March 31, 2015 - 10:00 GMT
According to state news, Iran dropped its first shipment of aid in Yemen since Saudi Arabia launched its air campaign against the Houthi rebels.
Smoke and flames rise from an alleged weapons storage depot at a Shiite Houthi rebel camp after an airstrike by the Saudi-led alliance on March 30, 2015 in the Yemeni capital Sanaa. (AFP/MOHAMMED HUWAIS)
March 31, 2015 - 08:30 GMT
The Saudi-led coalition conducted airstrikes Monday night, targeting Houthi militias in Saadaeh, Sanaa, and Yarim.