Britain firmly committed to ensuring Iran nuclear deal: May

European and American companies could lose billions of dollars in commercial deals struck since the 2015 Iranian nuclear accord, and lose access to a major new export market.

In 2012, American oil stayed at home, giving the USA less leverage to compel powerhouse oil-consuming countries like India and China to sanction Iran.

"In the end, the size of the US market dwarfs any prospect of any benefit they can get from Iran", Maloney said.

And after her phone call with the president, a Downing Street spokesman said Mrs May had raised sanctions and re-stated her support for the Iran nuclear deal.

"Do we want to be vassals deferring with a curtsy and a bow to decisions made by the U.S. so that the U.S. polices the world economy?"

Israel accused the Quds Force - the elite overseas operations arm of Iran's Revolutionary Guard Corps (IRGC) - of launching 20 rockets at its military positions in Syria on Thursday morning.

EU's top diplomat hits out at Trump's "impulse to destroy" and insists deal is not dead. Honoring French President Emmanuel Macron, who came to Aachen, Germany, to receive the prestigious Charlemagne Prize, Chancellor Angela Merkel said "it's no longer the case that the United States will simply just protect us", urging Europe "to take its fate into its own hands".

France has come down heavily on the decision, with French Finance Minister Bruno Le Maire saying that Europe can not afford to follow the whims of the United States when it comes to protecting its economic and diplomatic interests, according to BBC.

The new USA ambassador in Berlin, Richard Grenell, has been warning German companies to heed the US sanctions.

Larmour And Luke McGrath To Start For Leinster In Champions Cup Final
Wicklow man Leo Cullen made history today as the first rugby player to win the European Champions Cup as both manager and player. Devin Toner starts in the second row with James Ryan , Leinster's Young Player of the Year award recipient, beside him.

Iran's Supreme Leader Ali Khamenei has already said that Israel won't exist in 25 years if it continues to destabilize the region.

Iran produces 4% of global oil supplies.

Germany and France have significant trade links with Iran and remain committed to the nuclear agreement, as does Britain, and the three countries' foreign ministers plan to meet Tuesday to discuss it. Such countries, alongside the European institutions, are now battling to keep the agreement in place, even without the U.S.

"The Prime Minister raised the potential impact of USA sanctions on those firms which are now conducting business in Iran".

Is $100 oil on its way back? Plane-maker Airbus, oil giant Total, and auto manufacturers such as Renault and Peugeot could be among the French companies affected the most.

It also reiterated that the foreign minister is seeking "required guarantees" from the five other parties to the agreement as well as Iran's other economic parties.

China also signed off on the 2015 deal.

"What if the Iranians say nothing about restarting enrichment but simply bar IAEA [International Atomic Energy Authority] inspectors from their country?"

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