- In a story about companies that stand to profit from a nuclear deal between the U.S. and Iran, The Wall Street Journal reports that Cargill Inc. is among the firms who may benefit if sanctions ease.
- Cargill has previously sold agricultural commodities to Iran through its office in Geneva, and a spokesman for the company called restrictions on food imports "a potential unintended consequence of the sanction."
- Nestlé SA, though it not listed in the U.S., has also seen its business interests in Iran shrink under sanctions, and a spokesman for the company told the WSJ that it is "following closely the developments in this process, but it is too early to say how they will affect our operations."
New market openings for U.S. brands in Iran will undoubtedly be welcomed by the food industry. A final nuclear agreement between the two countries is still a long way off and would require a number of diplomatic hurdles to be overcome, but a potential deal is as close as it has been in recent memory.