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The U.S. and Iranian foreign ministers wrapped up three days of talks over Iran's nuclear program on Wednesday, a day after Israeli Prime Minister Benjamin Netanyahu said the deal being negotiated was a serious mistake. U.S. Secretary of State John Kerry and Iran's Mohammad Javad Zarif have negotiated for more than 10 hours since Monday in the Swiss lakeside town of Montreux, hoping to work out a framework deal by late March. Netanyahu argued that rather than preventing Iran from acquiring nuclear arms, a deal would "all but guarantee" that it would one day get the atomic bomb, putting Israel, the wider region and U.S. interests at risk.
By David Sheppard LONDON (Reuters) - Brent crude oil steadied above $60 a barrel on Wednesday after Saudi Arabia's oil minister said he expected the oil market to balance itself. Oil Minister Ali al-Naimi said he hoped and expected the oil market to balance and prices, which hit a nearly six-year low around $45 in January, to stabilize, adding to signs OPEC's largest exporter is confident that demand is growing. Naimi said it was not Saudi Arabia's responsibility to "subsidize" higher cost oil producers. The speech followed news that Saudi Arabia had raised its official selling prices (OSPs) for oil deliveries to Asia and the United States on Tuesday.
LONDON (AP) — The British government has agreed to sell its stake in Eurostar, the high-speed rail service that connects London with Paris and Brussels through a tunnel under the English Channel, for 757 million pounds ($1.1 billion), a move that's prompted accusations that it is selling the family silver.