This Ill-Conceived, Ill-Timed Iran Deal

Today's report of an Iran deal, in which the Iranians agree to arrest the development of their nuclear capability, has already had a significant effect on the oil market. But what will be the continuing effect of this ill-conceived relaxation of sanctions?

Going into this weekend's negotiations in Geneva, there had been strong protest against any kind of compromise deal with Iran. Republicans here in the U.S., as well as the Israelis and the Saudis, have expressed dismay at the timing of negotiations and a deal. What was clear from the Iranian request for negotiations is that sanctions, after years of application, were finally working....514 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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