World scrambles to save Iran deal that Trump tried to sink

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US President Donald Trump's decision to dump the landmark Iran nuclear deal has shocked the world, with America's closest allies like France, Germany and the United Kingdom expressing concern over it while Iran's foes Israel and Saudi Arabia welcoming the move.

As the expiry of the waiver on sanctions against the Iranian regime similarly draws near, the American Jewish Congress echoes Prime Minister Netanyahu in calling on President Trump to do the right thing for the US. The United States can't kill a deal all by itself that four other nations plus the European Union are all involved in.

Oil-rich Saudi Arabia has long said it would match any Iranian weapons development, but Jubeir's renewed vow came after US President Donald Trump pulled the United States out of an accord created to prevent Tehran's path to a bomb.

A crash bomb program would be detected nearly instantly and bring a USA ultimatum which, if defied, could bring airstrikes.

Throughout his statement, Johnson repeatedly said the JCPOA had delivered on the core goal of preventing Iran from moving towards acquiring a nuclear bomb.

Trump wanted to pull out of the agreement because he is dissatisfied with its "sunset clause", under which Iran would be allowed to resume uranium enrichment after 2025.

The statement reads: "A long-term framework for Iran's nuclear programme... will need to be addressed [after 2025]".

Then, in his remarks Tuesday announcing USA withdrawal from JCPOA, the president again visited the issue, saying, "If the regime continues its nuclear aspirations, it will have bigger problems than it has ever had before".

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"The JCPOA was the result of long-running and constant efforts from 2003 to 2015, and it is an worldwide agreement as it has been approved by the UN Security Council", said the Iranian President as reported by Fars News Agency.

"He introduced a new element, the element of leverage to a stale, non-productive reality that only encouraged the Iranians to continue their incredibly unsafe behaviour, particularly in Syria, by threatening Israel by surrounding it with missiles and expecting us to sit there and just wait until something happens".

Former President Barack Obama, whose administration negotiated the deal, called Trump's action "misguided" and said, "The consistent flouting of agreements that our country is a party to risks eroding America's credibility and puts us at odds with the world's major powers".

The return of the sanctions could initially reduce by 500,000 bpd Iran's current crude oil production of 3.8 million bpd, Goldman Sachs said in a note today, as carried by Reuters.

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

"For as long as Iran abides by the agreement. then Britain will remain a party to the JCPOA", he added. In any case, Iran's oil accounts for only a small percentage of the world's oil supply. Companies and banks doing business with Iran will have to scramble to extricate themselves or run afoul of the USA government. "President Trump has set us on a risky road where war becomes more likely".

The fact that Washington has just blatantly breached an global agreement despite intense opposition from its allies would inevitably raise grave concerns in Pyongyang as to whether the United States would stick to whatever deal is reached during the Trump-Kim summit.

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