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Iran statement to say talks can continue to June 30: Report

European Union and Iranian officials are expected to say Thursday that enough progress has been made to continue talks on Iran's nuclear program until June 30, Reuters reported. A joint statement is slated for Thursday afternoon.

A framework between six world powers and Iran, if finalized by the end of June, would aim to suspend more than two-thirds of Iran's nuclear enrichment capacity with monitoring for 10 years, Reuters reported, citing a source. Most of Iran's uranium stocks would be diluted or shipped abroad under the deal, Reuters added.

Iran and major world powers have been negotiating for more than a week in Lausanne, Switzerland, aiming to strike a deal that would form the basis for an accord on reining in Iran's nuclear program.

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Iranian Foreign Minister Javad Zarif speaks with the Iranian media at the Beau Rivage Palace Hotel, March 27, 2015, in Lausanne, Switzerland.
Brendan Smialowski | Pool | Reuters
Iranian Foreign Minister Javad Zarif speaks with the Iranian media at the Beau Rivage Palace Hotel, March 27, 2015, in Lausanne, Switzerland.

Iranian Foreign Minister Javad Zarif—who will address the media with EU foreign affairs representative Federica Mogherini—said in a tweet that negotiators have "found solutions" and are "ready to start drafting immediately.

Mogherini added that the representatives had "good news" in a tweet.

U.S. Secretary of State John Kerry said that the parties have moved closer to resolving "major issues" on Iran's nuclear program. He noted that negotiations would continue after Thursday.

Iranian President Hassan Rouhani also tweeted that negotiators had reached "solutions."

Representatives from the U.S., U.K., France, Germany, Russia and China failed to reach an agreement with Iranian officials by the initial Tuesday deadline.

Read MoreIran deal: 'No happy ending' for Middle East

Negotiations have become a politically divisive topic globally. The talks hold ramifications for the international oil market, as sanctions on the Middle Eastern nation have restricted oil exports.

Brent crude was down nearly 3 percent on Thursday.