Israel, Saudi Arabia on same page in opposing Iran-U.S. nuclear deal: Details
After nerve-breaking negotiations, Iran and six world powers have finally agreed on a deal meant to stop the Shia nation of Iran from developing nuclear arms. The deal means that all the sanctions against Iran will end but in exchange it will not be able to build either new nuclear plant or an atomic bomb.
This is going to give a great boost to Iranian leadership against Sunni nation of Saudi Arabia and its regional allies who wanted to keep the country bogged down in an unending confrontation with the West and the US. It is also going to be most disappointing for Israel that has been trying to force the US away from negotiation table.
This is a very long-term deal and officials claim that the deal would place checks and balances on Iranâ€™s nuclear work for two and half decades. But the limits will be the most stringent for the first ten years.
Though no one is sure, but at the moment ease of restriction means that more Iranian oil will flow bringing down the petrol prices further.
While talking about it, US President Barack Obama called it a â€œhistoric understandingâ€ between the two nations.
In a statement Obama was quoted as saying, â€œI am convinced that if this framework leads to a final, comprehensive deal, it will make our country, our allies, and our world saferâ€¦This has been a long time coming.â€
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