Iran Says US Exit From Deal Will Not Impact Its Oil

Iran Says US Exit From Deal Will Not Impact Its Oil

Iran said it may resume uranium enrichment in a higher rate in weeks if it finds nuclear deal will not work anymore after the United States pullout from the deal.

After President Donald Trump announced the US withdrawal from the agreement, all eyes are now on Europe: will it be able to deliver enough incentives to Iran to continue being part of the deal? But if it fails to qualify for an exception to the sanction this time around, Korea may have to stop importing oil from Iran and Korean businesses may not be allowed to settle accounts with their Iranian counterparts in Korean won.

"We will respect the capacity of individual countries to make their decisions about foreign policy", Trudeau said Wednesday.

Before leaving, Zarif published a government statement on his Twitter page, slamming the "extremist administration" of US President Donald Trump for abandoning "an accord recognised as a victory of diplomacy by the global community".

In a lengthy government statement, the Iranian government warned that it would take "whatever reciprocal measures it deems expedient" if it is not fully compensated for the USA withdrawal from the nuclear agreement as provided for in the accord. On Wednesday, Iran launched some 20 missiles from Syria toward the Israeli-occupied Golan Heights, according to the Israeli government.

French Foreign Minister Jean-Yves Le Drian said on Sunday the deal, known as the Joint Comprehensive Plan of Action (JCPOA), could still prevent Tehran from acquiring nuclear weapons.

"The repeated attacks by the Zionist regime on Syrian territory were carried out under pretexts that were invented", he added.

The nuclear deal provided Iran with relief from sanctions in return for curbs on its nuclear program. "Europeans are going to face the effect of US sanctions already really because much of what they'd like to sell to Iran involves US technology for which the licenses will not be available", US National Security Advisor John Bolton said.

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"Do we want to be vassals who obey decisions taken by the United States while clinging to the hem of their pants?"

"The final aim of these negotiations is to seek assurances that the interests of the Iranian nation will be defended", Iranian Foreign Minister Mohammed Javad Zarif.

"The consequences of American sanctions go way beyond goods shipped by American companies because of our technology licenses to many other countries and businesses around the world. They agreed for talks to take place between our teams".

"We do not see ourselves as a mediator between Iran and the United States", he said. Such willful ignorance led to the misbegotten Iraq War, and now could drag the United States into a war with Tehran.

"Some disillusionment has set in over the past two years, as Iranians have not been seeing as much economic benefit as many of them had hoped and expected", said Paul Pillar, a 28-year veteran of the Central Intelligence Agency and fellow in the Center for Security Studies at Georgetown University.

Netanyahu issued a video statement on YouTube declaring that "our operations are against Iranian targets in Syria, but if the Syrian army will act against us we will act against them".

Meanwhile, the USA government tried to further pinch Iran's finances by disrupting a currency exchange network allegedly used to transfer millions of dollars to Iran's Revolutionary Guard.

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