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Lew: Iran Economy Remains Distressed Amid Sanctions

U.S. Treasury Secretary Jack Lew said Iran's economy remained in a state of distress due to sanctions over its nuclear program and that the United States would not rush into making a bad deal to prevent Iran from obtaining a nuclear weapon. Lew said that the temporary and reversible sanctions relief has been limited. “Iran is losing a significant amount in oil sales alone from the sanctions that remain in place, more than the value of the temporary relief,” Lew said in...

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