“For Iran, the nuclear deal — once it is fully implemented — would have sweeping benefits, giving it access to foreign investment, trade with oil-thirsty markets in Europe and Asia, and escrow accounts currently holding more than $100 billion from oil sales out of Tehran’s reach. The Obama administration said Tuesday that the restrictions on U.S. trade and investment would remain in effect with the exception of imports of food and carpets and the export of airplane parts for Iran’s airline, which administration officials said had one of the world’s worst safety records. The restrictions will leave U.S. oil and gas companies on the sidelines while European and Asian firms invest in exploring in Iran.”
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