Iran rolls back nuclear commitments under pact abandoned by Washington
LONDON - Iran announced on Wednesday it was scaling back curbs to its nuclear program under a 2015 deal with world powers, and threatened to do more — including enriching uranium to a higher level — if countries did not shield it from U.S. sanctions.
And he threatened that in 60 days Iran would resume enrichment of uranium beyond the low level permitted under the deal, unless the five other powers signed up to it found a way to protect Iran’s oil and banking industries from U.S. sanctions. Washington’s European allies opposed President Donald Trump’s decision to pull out and have tried to find ways to blunt the impact of new U.S. sanctions, in the hope of persuading Tehran to continue to abide by it.
China said the agreement should be implemented and called on all sides to avoid an escalation of tensions.The weeks leading up to the anniversary of Trump’s withdrawal from the agreement have seen a sharp tightening of U.S. sanctions and an increase in tensions on other fronts. The looming total ban on oil sales is likely to sharply increase the economic hardship for Iran’s 80 million people. Finding a response is the biggest test yet for Rouhani, a pragmatist who has faced strong opposition from the hardline faction of Iran’s leadership throughout his six years in office.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Iran rolls back nuclear commitments under pact abandoned by WashingtonIran announced on Wednesday it was scaling back curbs to its nuclear program und...
Read more »
Oil rises amid U.S. sanctions, surging China crude importsOil prices rose on Wednesday as U.S. sanctions against crude exporters Iran and ...
Read more »
China says Iran nuclear deal should be fully implementedChina's foreign ministry said on Wednesday the 2015 Iran nuclear agreement ...
Read more »
Iran to announce 'reciprocal actions' a year after U.S. quits nuclear dealIran will on Wednesday announce 'reciprocal actions' on the one-year a...
Read more »
Iran sends letters on partial withdrawal from nuclear dealIran has delivered letters to ambassadors outlining its partial withdrawal from the 2015 nuclear deal with world powers, state television has reported, without elaborating on what steps it plans to take.
Read more »
Pompeo visits Iraq as US escalates tensions with IranDonald Trump's chief foreign policy advisor made an unannounced trip to Baghdad which sees both its neighbour Iran and the US as key allies.
Read more »
10 Things to Know for TodayAmong 10ThingstoKnow: China economy czar heading for Washington tariff war talks; US-Iran tensions rise ahead of anniversary of deal pullout; Myanmar frees Reuters reporters jailed for violating country's secrecy law.
Read more »
Sanctions on Iran are biting, but the goal is elusiveTrump and his aides have designed new sanctions so they can claim a win. The sanctions could turn out to be a losing proposition instead — with no real benefits for U.S. policy and hidden costs that outweigh them, columnist DoyleMcManus writes.
Read more »