UK, France, Germany and Italy ready to lift Iran sanctions after US deal

The UK, France, Germany, and Italy have issued a joint statement expressing readiness to lift relevant sanctions. This action follows a US deal and depends on Iran taking clear, verifiable steps concerning its nuclear programme. Such a move could potentially increase Iran's oil exports, affecting global markets. Meanwhile, the situation creates regulatory uncertainty and risks for crypto investors, as the geopolitical landscape shifts following these potential sanctions removals by the European nations.