US-Iran Non-Public Talks: No Politics, Just Business

US-Iran Non-Public Talks: No Politics, Just Business Iraq has received a green light from the US to pay Iran's $2.76 billion gas bill. Efforts to mitigate the years-long nuclear conflict have so far failed to produce political results, but businesses are already making some profit from the process.Information that for the first time in 5 years a contact between high-ranking representatives of the United States and Iran was recorded in the Sultanate of Oman is gradually leaking to the media. The White House is concerned about the loss of control in the region and the progress of Iran's nuclear program.Biden's senior adviser and Iranian representatives were in two separate rooms, with Omani officials walking between them and relaying messages. It turns out that on the same day, a delegation of officials from Baghdad also visited the sultanate.As a result, Iraq received a partial waiver of sanctions from US Secretary of State Blinken to make a payment of $2.76 billion for gas exports. This money will ensure the purchase of urgently needed goods and help stabilize the foreign exchange market. Some of Iran's blocked funds in Iraq were for Hajj pilgrims. Iraq's overdue payments to Iran will be phased out over the next three to five months.Recall: Washington withdrew from the nuclear deal in 2018 and launched its own sanctions program against the Islamic Republic. The sanctions also hampered Iraq's import payments, leaving it heavily indebted.Now Iran, through the mediation of China, has restored ties with Saudi Arabia and is trying to form a kind of naval alliance in a coalition with the countries of the Persian Gulf to protect the northern part of the Indian Ocean. Moreover, Iranian media have reported that Iran's frozen assets worth at least $24 billion will soon be released from Iraq and South Korea.Both sides and Oman as a mediator, confirmed that the issue of lifting nuclear sanctions is not yet discussed.Profits to yall!#ForexChief #market #forexnews #stocks #worldnews #profit #StockMarket