'Severe consequences' to be faced if Iran resumes nuclear programme

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India has maintained that peaceful negotiations should be carried out to resolve the situation that has risen after U.S. President Donald Trump withdrew his country from the deal.

"The deal is not dead".

In his comments to French radio, Mr Le Drian said "the deal is not dead". Trump and Macron, who are close, spoke earlier Tuesday.

President Donald Trump said he would not waive sanctions on Iran by a deadline Saturday, May 12, effectively pulling out of the Iran deal.

If one listens to the critics of Trump's decision to pull out of the deal, "one might think that Iran has been acting responsibly for the last three years" and "that Obama left the Middle East a bright and lovely place, not a hellhole filled with human carnage bought with dollars spent by Iran but funneled through the United States", said Ben Shapiro on The Daily Wire.

Scrapping the Iran nuclear deal would threaten the stability of the Middle East, Russian Foreign Minister Sergei Lavrov said Thursday, as his country coordinated closely with Tehran on efforts to preserve the agreement.

A barrel of Brent crude oil shot up to $77, its highest in more than three years.

It could also strengthen the hand of hardliners at the expense of reformers in Iran's political scene.

During the phone call Mrs May also congratulated the USA president on the safe return of three Americans who had been held in prison in North Korea.

"We held real discussions with the Israeli government for about a month before the decision and especially during the past two weeks".

But British Prime Minister Theresa May said in a joint statement with the UK, Germany and France that she "regrets" the U.S.'s withdrawal from the Iran deal. "The Iran deal is defective at its core", Trump said in a televised address from the White House.

The big question at this point is how disruptive unilateral sanctions from the USA will be to Iranian oil flows.

Pres. Donald Trump announces his decision to withdraw the USA from the JCPOA.

In a sign of the depth of European displeasure, plans are already being drawn up in Brussels to introduce measures blocking U.S. sanctions, an extremely rare move against an allied government.

"Trump does not have the mental capacity to deal with issues", speaker Ali Larijani told the assembly.

British Foreign Secretary Boris Johnson told his Parliament that Britain will continue to respect the deal as long as worldwide inspectors can verify Iran's compliance. They also chanted "Death to America".

"It's necessary to revise the agreement", Arab League Secretary General Ahmed Abul Gheit said, expressing the "exasperation" of Arab nations in the face of the "destabilizing politics" of Iran in the region.

It was struck under Trump's predecessor, Barack Obama.

Mr Rouhani has said Teheran considers the deal still valid with its other signatories - China, France, Germany, Russia, Britain and the European Union. Instead, the country pledges to remain in the deal.

Trump's decision offers him a domestic political victory, fulfilling a longstanding campaign promise and underscoring his no-nonsense political brand. "This was a one-sided deal that should have never ever been made", he said.

Iran's Secretary of the Supreme National Security Council Ali Shamkhani said at a press briefing on Iranian state television last month the government is considering withdrawing from the Non-Proliferation Treaty, the very basis of all global non-proliferation efforts. In theory, some countries could receive waivers from sanctions if they reduce their oil purchases from Iran by some unspecific amount.