On July 18, 2014 U.S. Secretary of State John Kerry announced that the P5+1 and Iran had agreed to extend negotiations over Iran’s nuclear program for four months until November 24, 2014. During that four month period the prior easing of U.S. sanctions against Iran announced on January 20, 2014 will continue. To read a Client Alert on the continued easing of U.S. sanctions, please click here.