CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up on the day as the Saudis raised prices in Asia. Also, traders don't believe Iranian oil will come on line until 2016.
The industries that will most immediately benefit are those that have been hit by sanctions meant to bring Iran to the negotiating table.
Karim Sadjadpour, Carnegie Endowment, provides perspective on the framework of the nuclear deal reached with Iran.
It is potentially a good path but it has to be done well, says Gen. Michael Hayden, Chertoff Group principal, breaking down the key details on Iran's agreement to contain its nuclear capacity.
Anantha Nageswaran, CEO of Vansight, says the U.S. wants to make an "incremental step forward" with the Iran deal and explains why he welcomes it.
Christian Whiton, Principal of D.C. International Advisory, says an Iran deal will heighten the prospects of an arms race in the Middle East.
Oil prices firmed up in early Asian trade because of a weaker U.S. dollar and hopes that additional supply from Iran won't happen anytime soon, says Vandana Hari, Asia Editorial Director at Platts.
Hans Goetti, head of Investment Asia at Banque Internationale a Luxembourg, says a nuclear deal will ramp up Iranian oil exports, possibly resulting in lower oil prices for quite some time.
As the Iran talks overrun, who's got the most at stake? CNBC's Hadley Gamble discusses the latest developments in the nuclear talks.
Barry Dawes, head of Resources at Paradigm Securities, says the fact that Brent crude remained above $50 a barrel reflects good demand offsetting the impact of an inventory buildup.
Dalia Kaye, director of the Center for Middle East Public Policy at RAND Corporation, says the negotiating parties are unlikely to "walk away empty handed" after investing considerable amount of time.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil spiked at the end of the day, ending over $50/barrel. The inventory numbers weren't as high as expected and US production has declined.
Iran has appealed to the United Nations to stop Saudi Arabia's airstrikes on Yemen, according to State TV. CNBC's Hadley Gamble reports on the latest.
Israeli Prime Minister Benjamin Netanyahu issues another warning on the potential Iran nuclear deal, saying that the international community must now demand a better outcome.
As the nuclear talks for Iran are extended, CNBC's Hadley Gamble discusses how different sides are reacting to this potential deal.
Theodore Karasik, a geo-strategic analyst, says that he cannot see a quick solution to the the Yemen conflict. He also comments on the Iran nuclear talks.
As Iran's nuclear talks are extended an extra day, CNBC's Hadley Gamble discusses the latest developments, saying that one reason for the extension is the pressure that the U.S. is under to make a decision.
Henry Smith, senior consultant at Control Risks Middle East, says the extension in nuclear talks indicates that negotiating parties "see a successful way out."
Peter Boardman, managing director of Tradewinds, expects oil prices to stay low due to the likelihood of an Iran nuclear deal, which will lead to new capacity in the market.
Barbara Salvin, nonresident senior fellow at the Atlantic Council, says Iran and the world powers will arrive at "some kind of understanding or specific details within the next day."