UNGA Address on Iran Nuclear Deal Warning, US Midterm Impact and Global Oil Prices
Addressing the United Nations General Assembly, a statement outlined warnings to Iran regarding its nuclear programme and regional security. The address noted that Iran was offered economic cooperation in exchange for ending its nuclear ambitions and support for terror, which was refused. It stated that Iran's air force, navy, and nuclear sites had suffered major damage. The statement indicated that Iran might agree to a deal following the upcoming US midterm elections, projecting that a finalised agreement would lead to lower oil prices across global markets, while maintaining that Iran would never be permitted to develop nuclear weapons.
