IAEA says Iran has agreed to stop producing near bomb-grade uranium

The IAEA is saying that Iran agreed to stop producing near bomb-grade uranium. The news that sent oil prices down from six $9.61 to a new session low at $68.46. However the price has since rebounded to near mid range and $69.23. That is up about seven cents on the day.

This article was written by Greg Michalowski at www.forexlive.com.