Energy

Experts don’t expect breakthrough in Vienna nuclear talks

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This handout image supplied by the IIPA (Iran International Photo Agency) shows a view of the reactor building at the Russian-built Bushehr nuclear power plant as the first fuel is loaded, on August 21, 2010 in Bushehr, southern Iran.

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The U.S. and Iran are ramping up efforts to resolve a nuclear standoff that has global oil markets on edge and experts skeptical of success.

“It’s crunch time for these negotiations,” Helima Croft, global head of commodities strategy at RBC Capital Markets told CNBC’s Hadley Gamble on Tuesday, as representatives gathered in Vienna, Austria for “indirect talks” aimed at bringing both countries back into compliance with the 2015 nuclear…



Source cnbc.com

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