Officials hope to pin down accord with Iran
Negotiators for the world powers and Iran are running against another deadline as they work on an agreement with Iran on a sequenced return to the 2015 nuclear accord.
It would be implemented over a period of months, with relief for reeling global oil markets unlikely to come overnight.
Negotiators are finalizing a timeline for reactivating the agreement, which will begin with minimal measures by both sides while the Biden administration puts the plan before Congress, which will eventually need to approve relief on oil sanctions, two people familiar with the talks said, declining to be named as the details have yet to be made public.
Negotiators have blown through previous time limits during more than 10 months of talks in Vienna. But officials speaking both on and off the record last week said an agreement could be reached after the head of the International Atomic Energy Agency, Rafael Mariano Grossi, returns from a visit to Tehran that was starting Saturday.
The IAEA, the world’s nuclear watchdog, convenes its next board meeting Monday, when any solution proposed by Grossi could be finalized.