An agreement between the US and Iran on a return to compliance with the 2015 nuclear deal could be reached within the next couple of days reported the WSJ on Monday citing officials involved in the talks, with US President Joe Biden having set restoring the agreement as a top foreign policy goal. The report added that negotiators are still wrangling over significant final demand from Tehran, including the scope of sanctions relief. 

Market Reaction

Oil prices have not been affected in recent trade, report largely in fitting with commentary from other sources in recent days.