France Worries New US Sanctions on Iran Could Hurt Middle East

Gladys Abbott
May 24, 2018

On Wednesday, Iran's Supreme Leader Ayatollah Ali Khamenei laid out a series of conditions for staying in the deal.

"The first experience is that the government of the Islamic Republic can not interact with America... Why?" He asked Europe to "make up for that silence" and to "stand up against [new] USA sanctions".

On Monday, Pompeo described demands for any new nuclear deal with Iran that includes the United States.

On May 8, Trump announced Washington's withdrawal from the Iran nuclear deal.

Germany's foreign minister has reiterated Europe's determination to remain a part of the 2015 Iran nuclear deal even in the face of a US withdrawal from the landmark agreement.

The U.S. intelligence community concluded in January 2017 that Russian Federation engaged in a wide-ranging hacking-and-propaganda campaign to sway the 2016 presidential election.

He said: "We can not let the United States flout worldwide law, their behaviour towards Iran is unacceptable".

Iran's supreme leader set out conditions for Tehran to stay in its nuclear deal with world powers, including steps by European banks to safeguard trade with Tehran after the U.S. withdrawal.

With global oil prices reaching three year highs, and with US shale producers taping wells that see the bulk of its profits during the first few years of production as opposed to conventional wells that see profits spread out over a long time horizon, Iran's hope that the European Union can rescue its oil exports and any hope that oil markets will miss its barrels may be just a pipe dream.

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These included the withdrawal of its forces from Syria and an end to its support for rebels in Yemen.

In the wake of Trump's decision, the leaders of Great Britain, Germany and France called on other participants in the deal to continue fulfilling it.

All of the above signatories pledged to honour their commitments under the deal.

Pompeo, Trump's former director of the Central Intelligence Agency, demanded major changes from Iran and said America will not allow the country to develop a nuclear weapon: "Not now, not ever".

Mr Pompeo's plan would start with "unprecedented financial pressure" aimed at getting Iran back to the negotiating table, and Mr Pompeo said specialists would be sent to allied countries to explain the U.S. approach.

Earlier on May 23, Pompeo reiterated his tough stance toward Iran in testimony before a House committee.

Pompeo also told the House committee that the United States will not tolerate Russian interference in 2018 US elections and will oppose "continued efforts to do so". He asked Europe to "make up for that silence" and to "stand up against United States sanctions".

Under the deal, struck between Iran the US, UK, Russia, France, China, and Germany, Terhan agreed to curb its nuclear programme in exchange for the lifting of economic sanctions.

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