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Leonhard Foeger | Reuters
Secretary of State John Kerry (L) leaves Palais Coburg, the venue for nuclear talks in Vienna, Austria, July 13, 2015.
Iran and six major powers have clinched a historic nuclear deal, Reuters reported early Tuesday, citing an Iranian diplomat, sending oil prices lower.
The agreement would likely see some sanctions on Tehran removed in exchange for restrictions to its nuclear program.
"All the hard work has paid off and we sealed a deal. God bless our people," the diplomat told Reuters, speaking on the condition of anonymity. The news agency said that another Iranian official had confirmed the agreement.
Oil prices came under pressure following the news, with Brent crude trading down 1.7 percent at $57.85 a barrel at 7:30 a.m. London time.
Iran and the major powers have been negotiating for more than two weeks in Vienna in an effort to strike a deal under which Tehran would curb its nuclear program in return for relief from economic sanctions that have crippled its economy.
Iran and major powers reach nuclear deal: Report
Great news !!!!!!!!!!


