MIDEAST STOCKS-Iran deal may pressure Gulf, some stocks to benefit

April 5, 2015 5:30 AM

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DUBAI, April 5 (Reuters) - The deal between Iran and world powers on its disputed nuclear programme may pressure Gulf stock markets on Sunday but some individual stocks could benefit from the prospect of the Iranian economy opening up.

The agreement on curbing Iran's nuclear programme, reached late on Thursday, will - if confirmed in a final deal by a June 30 deadline - begin to ease economic sanctions on Iran. It would eventually allow more Iranian oil into the market, perhaps from 2016.

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