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Key players in Congress - Republicans and Democrats -- are skeptical of the Iran deal and want to see the fine print.

No one is ruling out a big push ahead on new Iran sanctions, or a measure to require President Obama to get congressional approval, two pieces of legislation the White House strongly opposes.

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But there appears to be a willingness to hear the administration out in promised briefings on the framework when lawmakers return to Washington on April 13.

An aide to House Speaker John Boehner tells ABC News that the approach in the House is not a wait-and-see until June 30th posture, but that Republicans want the briefings, a chance to review the details and discuss possible next steps with members.

Sen. Bob Corker, chairman of the Senate Foreign Relations Committee, said today it is important that we wait to see the specific details of todays announcement and that everyone must remain clear-eyed. He vowed an April 14 committee vote on a bill to require congressional review of a nuclear deal, but there is no plan yet to bring it up for a vote in the full chamber. (Corker has said hed like to have a veto-proof majority before the bill is voted on by the full Senate.)

Well know more in the days ahead, after April 14, an aide to Senate Majority Leader Mitch McConnell told ABC News.

Rep. Adam Schiff, the top Democrat on the House Intelligence Committee, said he was surprised so many details were revealed in the framework and said that Congress should be careful not to scuttle the opportunity for a diplomatic resolution.

Continued here:
Iran Nuclear Deal: What Congress Is Likely to Do Next ...

Oil prices drop as production hums despite brimming supply Feeding the beast with ever cheaper oil The wreck of the Kulluk

The agreement also was viewed as a possible harbinger of closer cooperation between the United States and Iran against the Islamic State insurgency in Iraq and perhaps of a lessening of regional tensions.

"If the supreme leader accepts the agreement and Iran complies with the requirements of the deal, and if they adopt a framework friendlier to foreign investment, then Iran's long-term future as a global supplier is significant," said David Goldwyn, who was a senior State Department energy official in the first Obama administration. "It could have a major impact on the geopolitics of both Europe and the Middle East."

Oil prices have been bouncing up and down in recent days as news from the nuclear talks alternately raised and diminished hopes of an agreement. Contradictory factors are likely to continue to move oil in a jagged direction in the coming weeks. On the one hand, oil supplies continue to build in the United States and globally. On the other, conflicts in Iraq and Libya threaten to trim their crude exports.

The sanctions on Iran have brought a steady decline in oil and natural gas revenue, to $56 billion in the 2013-2014 fiscal year from about $118 billion in the 2011-2012 fiscal year, according to the International Monetary Fund.

But even before western sanctions, Iranian oil production was in decline from four million barrels a day in late 2007 to 3.5 million barrels a day only four years later. International oil companies, particularly from Europe, Russia and China, have shown an interest in returning to Iran to reinvigorate the oil industry, but it could take years of negotiations and planning for a serious effort to take root. And with oil prices in decline, oil companies are generally cutting back their exploration and production budgets.

"It's going to be very slow for oil companies to go back," said Dragan Vuckovic, president of Mediterranean International, an oil service company that operates in the Middle East. "It will take at least a year. Opening up takes time."

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Iran deal may be slow to affect oil sector

Framework for final deal reached at Iran nuclear talks
Iran and world powers reach a framework agreement to curb Iran #39;s nuclear program for at least a decade after eight days of marathon talks in Switzerland. Mana Rabiee reports. Subscribe: http://sma...

By: Reuters

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Framework for final deal reached at Iran nuclear talks - Video

President Obama on the International Nuclear Framework with Iran
Speaking from the Rose Garden, President Obama lays out the details of a historic framework with Iran that will prevent the country from obtaining a nuclear weapon. April 2, 2015.

By: The White House

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President Obama on the International Nuclear Framework with Iran - Video

Sorode IRan shadmani 02

By: Sekander Takhari

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Sorode IRan shadmani 02 - Video