Iranian President Hassan Rouhani’s deal with world powers may strengthen his hand against hardliners opposed to his policy of detente and bolster his popularity at home, where sanctions have drained the economy.
Iran’s accord with world powers to limit its nuclear program in exchange for as much as $7 billion in relief from sanctions left Presidents Barack Obama and Hassan Rouhani the task of selling the deal to critics.
Iran’s currency strengthened more than 2 percent as the Islamic republic won access about $7 billion in relief from sanctions after agreeing to limit its nuclear program, ending a decade-long diplomatic stalemate.
Tens of thousands of Iranian demonstrators held one of the biggest anti-American rallies in years outside the former U.S. Embassy in Tehran, as hardliners stepped up opposition to President Hassan Rouhani’s outreach to President Barack Obama.
Iran proposed tighter monitoring of its nuclear program within a six-month period to verify it’s not pursuing atomic weapons during the first talks with world powers since it pledged to end a decade-old standoff.
Saudi Arabia refused to accept the membership of the United Nations Security Council it won yesterday, citing issues including Syria’s civil war that it said show the world body is incapable of resolving conflicts.