Obama: Iran Deal Is ‘Important First Step’

President Barack Obama speaks in the State Dining Room at the White House Saturday, Nov. 23, 2013, in Washington about the nuclear deal between six world powers and Iran that calls on Tehran to limit its nuclear acti... President Barack Obama speaks in the State Dining Room at the White House Saturday, Nov. 23, 2013, in Washington about the nuclear deal between six world powers and Iran that calls on Tehran to limit its nuclear activities in return for sanctions relief. (AP Photo/Susan Walsh) MORE LESS

WASHINGTON (AP) — 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.

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