Publish date22 May 2022 - 16:33
Story Code : 550497

Qatar says Iran's oil will stabilize market

Qatar's Foreign Minister underlined that with the Iranian oil entering the market the global price of oil would reduce and the market would be stabilized.
Qatar says Iran
He referred to his recent visit to Tehran and talks about Iran's international nuclear deal or the JCPOA, and said: "Iranian officials have informed us that they are ready to reach a middle ground in resolving the nuclear issue."
The Qatari foreign minister noted that the settlement of the Iranian nuclear issue would contribute to the stability of the Persian Gulf region. 
Iran's international nuclear agreement or the so-called Joint Comprehensive Plan of Action (JCPOA) was signed between the country and P5+1 countries (Russia, China, UK, Germany, France, and the US) in 2015, but the US scrapped it on May 18, 2018, re-imposing more sanctions on Iran.
The eighth round of Vienna talks on lifting US sanctions against Iran resumed on February 8 in the Austrian capital after an 11-day break for consultations between the delegations and their capitals in the presence of the Iranian and P4 + 1 delegations (China, France, Britain, Russia, and Germany), it has been held in various levels and formats since then. 
The eighth round began the Vienna Talks began on December 27.
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