As Iranian scientists halted all enrichment of uranium to 20% inside the country, the EU reciprocated by announcing moves to ease restrictions on trade in petrochemicals, precious metals and the provision of insurance for oil shipments.
This week, the US released $550m to Iran, the first instalment in $4.2bn worth of frozen oil revenues which the Islamic republic is expected to receive over a period of time as part of the Geneva deal.
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Blog-Wall Street Journal (blog)-