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The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal proceed.
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Tehran and Washington face myriad negotiating pitfalls. But both sides are exhausted and running out of options. They may finally need a deal.
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Major North American indexes fell in early trading on Tuesday, following world markets downward. Elsewhere, Asian and European stocks mostly fell, with South Korea's KOSPI in particular losing 10 per cent.
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Iran's foreign ministry spokesperson said no visits have been scheduled for U.N. inspectors to see the nuclear sites bombed by the U.S. last year.
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