UPDATE 7-Oil drops towards $109 after breakthrough Iran deal
Agreement curbs Iran nuclear activity, calms oil supply fears * Easing EU shipping insurance ban could smooth Iran crude exports * Coming Up: U.S. pending home sales; 1500 GMT (Adds section on Saudi Arabia, updates prices,) London, Nov 25 (Reuters) - Brent crude fell by as much as $3 a barrel on Monday, before paring losses, as a breakthrough nuclear deal between world powers and Iran over the weekend led to expectations for an increase in supply. The deal halts Iran's most sensitive nuclear activity and suspends some sanctions by the ...
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