Iran talks deadline extended to July 10

FXStreet (Mumbai) - The World powers and Iran have extended the deadline to reach a nuclear deal until the end of the week.

State Department spokeswoman Mari Harf said Tuesday morning in a statement that U.S. officials have "made substantial progress in every area" and will continue negotiating with their Iranian counterparts through Friday.

Moreover, If the Obama administration does not submit a nuclear deal to Congress before Thursday, the amount of time Congress will have to review a deal will double, to 60 days from 30 days.