Snapshots of the fortnight (July 07 - July 21)

(Left to right) Chinese Foreign Minister Wang Yi with his French and German counterparts Laurent Fabius and Frank Walter Steinmeier along with High Representative of the European Union for Foreign Affairs and Security Policy Federica Mogherini, Iranian Foreign Minister Mohammad Javad Zarif, British Foreign Secretary Philip Hammond and US Secretary of State John Kerry (L-R) after the last plenary session at the United Nations building in Vienna, Austria, on July 14. Iran and six major world powers reached a nuclear deal, capping more than a decade of on-off negotiations with an agreement that could potentially transform the Middle East. The agreement limits Iran's nuclear capabilities for a decade and puts in place a tighter inspection regime in return for lifting financial and military sanctions. Indian oil firms, especially players such as ONGC and Oil India, could be in for big gains as Iran is likely to pump more crude oil into an already surplus market, pushing prices even lower