Iran is willing to agree to a deal with the U.S in exchange for the lifting of economic sanctions, an Iranian official told NBC News in an interview published on Wednesday.

This is the latest group of sanctions that seek to go after the Iran-China nexus and how organizations, companies or individuals are involved in working for Iran’s interests in China.

Ali Shamkhani, influential advisor to Iranian Supreme Leader Ali Khamenei, has stated that Tehran is ready to strike a nuclear deal with the United States, provided that all economic sanctions are immediately lifted.

Oil prices lost nearly $1 in early trade on Thursday on expectations of a potential U.S.-Iran nuclear deal, while an unexpected build in U.S. crude oil inventories last week heightened investor concerns about oversupply.

Iran has been on the blacklist of the Paris-based Financial Action Task Force since 2020, after failing to comply with international standards on anti-terrorism financing and fighting organised crime. The presence of the sanctions-hit country on the list has deepened its isolation from financial markets.

Iranian officials said their foreign minister had proposed a joint nuclear-enrichment venture, involving Arab countries and American investment.

But this narrative of democratic decline leaves out a pivotal episode: the Iran-Contra scandal of the 1980s. This opaque foreign policy mess has receded from history, a minor spee

DUBAI (Reuters) - Saudi Arabia fully supports the U.S.-Iran nuclear talks and hopes for positive results, the kingdom's foreign minister Prince Faisal bin Farhan Al-Saud said on Wednesday.