U.S.-Iran Agreement Text Enters Final Stage, Set for Announcement Within Hours

According to Arab television networks reporting on May 20, parties are conducting final revisions to the agreement text between Washington and Tehran. Pakistan's Army Chief of Staff is expected to possibly visit Iran tomorrow to announce the completion of the agreement's final version. If the visit does not occur, the agreement's final text may be announced within hours. The development sent oil prices lower by over $1 per barrel in short trading, while spot gold rose nearly $30 to reach $4,502.89 per ounce.
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