Coverage this morning is fully focused on the agreement announced yesterday in Vienna between Iran and the P5+1 powers (US, UK, France, Russia, China and Germany) regarding Iran’s long-term nuclear development. The Telegraph, Times, Financial Times, Independent i, Daily Mail, Daily Mirror and Evening Standard report the announcement, hailed by Iran’s President Rouhani and US President Obama as a triumph. The articles outline the deal itself, which will ease sanctions on Iran in return for a number of measures which will make it more difficult for Iran to achieve nuclear armament for the next decade. However, international inspectors will not have unfettered access to Iranian sites. Writing in the Guardian, Julian Borger provides an eyewitness account of the negotiations, describing them as “one of the most epic diplomatic marathons of modern times.”

The Times reports that Israel is united in condemnation of the deal, which leaders in the country believe will embolden Iran and its regional ambitions without permanently eradicating its nuclear capability. The Independent, Financial Times, Daily Express and Independent i all focus on criticism by Israel’s Prime Minister Benjamin Netanyahu, who called the deal a “stunning historic mistake.” The Times and Telegraph also note a similar critique by Saudi Arabia’s leaders, who called the accord “very dangerous.” Writing in the Times, Tom Coghlan analyses how Israel and Saudi Arabia have been improbably drawn closer together due to their common opposition to Iranian regional ambitions.

The Guardian, Independent and the online editions of the Telegraph and Financial Times report jubilation on the streets of Tehran on hearing news of the agreement. Both the Times and Guardian report that US Congress appears sceptical of the deal and is shaping up for a conflict with President Obama over its approval. Meanwhile, the Telegraph says that companies are lining up to do business with Iran, as sanctions are poised to be lifted. Alex Brummer in the Daily Mail predicts an era of cheaper oil, while City AM and the Telegraph concur.

There is a wealth of commentary and analysis over the deal. The Times editorial calls it a “reckless gamble” which “gives far too much away” to Iran, noting that the approval of Syria’s President Assad speaks volumes. The Independent editorial says that the agreement could signal a thaw in Iran-Western relations, but “will increase Tehran’s capacity to meddle” in the Middle East, potentially fuelling Sunni-Shi’ite tensions. The Telegraph’s editorial notes that Israel and Gulf states have “genuine concerns” over the accord and that “Iran must prove itself.” The Daily Mail warns that the West must be ready to re-impose sanctions swiftly if necessary. The Daily Mirror cautiously welcomes the agreement, saying that the world is a “slightly safer place today.” The Guardian’s leader calls the deal a “victory for patient diplomacy” and an “opportunity which should be seized.”

Con Coughlin is unequivocal in the Telegraph, calling the deal “shoddy” and argues that because no demands were made for Iran to disclose its past nuclear activities, the West is no closer to knowing Tehran’s real intensions. In the Times, Hugh Tomlinson says that Obama is gambling with Middle East stability by agreeing to the terms of the agreement. In the Guardian, Ian Black outlines the deal’s winners, including Syria’s President Assad and its losers, including Israel’s Prime Minister Netanyahu and Saudi Arabia’s King. In the Independent i, Rupert Cornwell says that the deal must be closely monitored, as Iran will look to expand its influence. David Blair in the Telegraph online asks where Iran will spend the money it receives when sanctions are lifted, speculating that plenty of cash will make its way to Hezbollah and the Assad regime.

The Israeli media is also thoroughly focused on yesterday’s announcement of a nuclear deal in Vienna. It is the top item in Haaretz, Maariv, which headlines a “New Middle East,” Yediot Ahronot which posits that “The world caved to Iran” and Israel Hayom which proclaims the deal to be an “Eternal disgrace.” Israel Radio news reports this morning that Prime Minister Benjamin Netanyahu met last night with opposition leader Isaac Herzog and that the two agreed to coordinate a united front on the deal, given the danger it poses to Israel’s security.

There is plenty of commentary and analysis on the agreement. Writing in Yediot Ahronot, Nahum Barnea says that the deal could change the balance of regional power and calls the fact that the deal ignored the impact on Israel “not only offensive, it is dangerous.” Also in Yediot Ahronot, Alex Fishman says that the deal is not a “national catastrophe,” but that “This agreement exposes Israel to security threats… To counter these threats, the security establishment needs large quantities of advanced weapons systems and international cooperation.” In Maariv, Ben Caspit says that although the agreement pushes back Iran’s nuclear development, “The problem is that along the way the agreement gives Iran a license to kill and establishes it as an immense global terror power that is not punished for its crimes but rather is rewarded for them.”