Saturday 10 December 2016

The only certainty from nuclear talks is a jump in Iran's oil exports

John Kemp

Published 08/04/2015 | 02:30

US Secretary of State John Kerry (scond left) and US Under Secretary for Political Affairs Wendy Sherman (second right) listen last week as US President Barack Obama address the US people about the status of the talks in Switzerland
US Secretary of State John Kerry (scond left) and US Under Secretary for Political Affairs Wendy Sherman (second right) listen last week as US President Barack Obama address the US people about the status of the talks in Switzerland

Beware diplomats bearing fact sheets; they rarely reveal the whole truth. The nuclear negotiations in Lausanne have already produced three separate fact sheets, issued by the United States, Iran and France, each highlighting different aspects of the emerging agreement.

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But under all three versions, Iran's oil exports are likely to rise in 2016.

The battle of the fact sheets confirms the first rule of analysis: never trust a summary produced by someone else, always go back to the original documents.

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