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Bloomberg Markets and Finance published this video item, entitled “‘Bloomberg Commodities Edge’: Iran Nears Nuclear Deal” – below is their description.
May.20 — Bloomberg Commodities Edge” talks to the smartest voices in the commodity world about the companies, the physical assets, and the trading behind the hottest commodities. This week, Bloomberg’s Alix Steel discusses the moves in metal prices, a potential Iran nuclear deal, and Hyliion’s efforts to convert more commercial truck fleets to electric.Bloomberg Markets and Finance YouTube Channel
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In This Story: Iran
Iran is home to one of the world’s oldest civilizations, beginning with the formation of the Elamite kingdoms in the fourth millennium BC. The Iranian Revolution established the current Islamic Republic in 1979.
Iran’s political system combines elements of a presidential democracy and an Islamic theocracy. Iran is a founding member of the UN, ECO, OIC, and OPEC. It is a major regional and middle power and has large reserves of fossil fuels — including the world’s largest natural gas supply and the third largest proven oil reserves.
The country’s rich cultural legacy is reflected in part by its 22 UNESCO World Heritage Sites. Historically a multi-ethnic country, Iran remains a pluralistic society comprising numerous ethnic, linguistic, and religious groups, the largest being Persians, Azeris, Kurds, Mazandaranis and Lurs.