Iran Nuclear Deal Reached, President Obama Addresses the Nation - Los Angeles Local News | FOX 11 LA KTTV

Iran Nuclear Deal Reached, President Obama Addresses the Nation

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GENEVA (FOX 11 / AP) - The French and Iranian foreign ministers said early Sunday that a deal between six world powers and Iran has been struck that calls on Tehran to limit its nuclear activities in return for sanctions relief.

President Barack Obama says a nuclear deal with Iran is an "important first step" toward addressing the world's concerns over the Islamic republic's disputed nuclear program.

Obama says the deal includes "substantial limitations" on Iran and cuts off the Islamic republic's most likely path to a bomb.

Obama spoke Saturday night shortly after the U.S. and five partners reached an interim nuclear deal with Iran. The agreement was finalized during talks in Geneva that stretched well past midnight.

The interim deal is aimed at slowing progress on Iran's nuclear program while a broader agreement is negotiated.

As part of the interim agreement, the U.S. offered the Iranians limited relief from crippling economic sanctions.

The deal came after the personal intervention by Secretary of State John Kerry and other foreign ministers whose presence had raised hopes for a breakthrough.

Diplomats refused to spell out details of the talks, which dragged on past midnight and into early Sunday.

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