ECB's Lane says oil prices closer to baseline scenario after Iran deal

LONDON, June 16 (Reuters) - The announced agreement between the United States and Iran has brought down oil prices to somewhere between the European Central Bank's baseline and its mild scenario, chief economist Philip Lane said on Tuesday.

"The bottom line is it's hovering between our baseline and the modest scenario. But in the end, I think on a multi-year perspective, closer to baseline," Lane said in an interview at the Reuters NEXT Europe conference.

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(Reporting by Marc Jones, Yoruk Bahceli and Balazs Koranyi; Writing by Francesco Canepa in Frankfurt; Editing by Hugh Lawson)