Britain Firmly Committed to Ensuring Iran Nuclear Deal

National Security Advisor John Bolton arrives before a joint news conference of U.S. President Donald Trump and Germany's Chancellor Angela Merkel

Sanctions on European companies that do business with Iran after the USA withdrawal from the nuclear deal are "possible", White House National Security Adviser John Bolton said on Sunday.

"The prime minister reiterated the government's position on the Iran nuclear deal, noting that we and our European partners remain firmly committed to ensuring the deal is upheld", Downing Street announced in a statement following May's phone conversation with Trump on Friday.

Donald Trump announced on Tuesday that he was leaving agreement sponsored by Barack Obama for lifting of sanctions on Iran in exchange for regime's stopping its nuclear career for a decade and accepting controls on it.

The plan, a three-page paper, written by the Security Studies Group (SSG), a Washington think-tank with close ties to senior White House officials, including Bolton, is now circulating within the National Security Council.

Perhaps unexpectedly, Trump's abrupt withdrawal from the Iran nuclear deal exposed America's weak hand.

However, Mr Mianji said he viewed the solidarity of the EU countries as a promising sign of the union's loyalty to the nuclear agreement and opposition of Mr Trump's sanctions.


The letter concludes: "We stand alongside you [President Trump] in ending the risky appeasement of Iran and taking all and any action required to stop Iran going nuclear, help its people, halt its spreading of terror and achieve peace and stability in the Middle East and among all peoples and nations". On Saturday, French President Emmanuel Macron told Trump in a telephone call that he was anxious about stability in the Middle East, according to Macron's office. The thing is, some of the other six countries involved in this are making billions through trade with Iran, and for that reason and others, want to keep their part of the deal intact. Trump argued that the 2015 deal wasn't tough enough on Iran. They were trying to take over the Middle East by whatever means necessary. The other Western members of the agreement seem to have wanted to save the deal not so much because of its inherent redeeming features, but rather to continue their voluminous trade with Iran.

"We are going to continue to insist that Canadian foreign policy will be established in Canada and not in Washington or elsewhere around the world and I think it's a question for the current Conservative Party as to whether or not they agree with their former leader".

In fact, the Times suggested that the real issue at hand is whether the Trump administration would pursue "regime change" in Iran or merely seek to change the regime's behavior. I'm not the national security decision-maker. But in an interview on ABC's "This Week" program, Bolton said: "That's not the policy of the administration".

Oil prices on Monday fell away from last week's multi-year highs as a relentless rise in USA drilling activity pointed to increased output, while resistance emerged in Europe and Asia to United States sanctions against major crude exporter Iran.

Jefferies said that OPEC has the capacity "to replace the Iranian losses" but added: "Even if physical supply is held constant ... the market will still be faced with a precariously low level of spare capacity".

Trump telegraphed the move, and oil prices shot up in recent weeks as traders anticipated it.

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