IAEA

While Iran’s willingness to reopen talks with the International Atomic Energy Agency about their nuclear program was a surprise, it seems that the motion was mostly for show.    Several rounds of discussions yielded no access to a military site in Parchin which is suspected to be a weapons development facility.  There has been no agreement on further discussing the matter.  Light crude is hovering close to $106 a barrel today, so much for  Prince Alwaleed’s promise to keep oil under the $100 a barrel mark. From FT: “The International Atomic Energy Agency has reported that it held a “disappointing” … Read more