London—The US would like to see European banks and companies conducting more business with Iran to allow the nuclear deal that lifted sanctions on its oil sector to succeed and avert a potential dismantling by hardliners. “I wish that some of the larger banks were, in fact, ready to make loans and engage in opening accounts, because they can,” US Secretary of State John Kerry said in comments to Chatham House in London on Monday. “They’re allowed to, but they’re still remaining somewhat risk-averse for various reasons.”
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