New Iran deal could ease oil price pressures caused by Ukraine war – Coveney

New Iran deal could ease oil price pressures caused by Ukraine war – Coveney

Minister for Foreign Affairs and Defence Simon Coveney, who is visiting Poland, a country that is hosting a significant proportion of the millions of Ukrainians who have fled the war.

A revival of Iran’s nuclear deal could help ease global oil prices by bringing a major producer back into the market, the foreign minister said.

Simon Coveney, who is playing a significant role in trying to save the Joint Comprehensive Plan of Action (JCPOA) agreement, said he hoped progress could be made within days.

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