US Could Sanction European Countries Over Iran, Bolton says

Crude oil surged 7% so far in 2018 and hit a three-year high of $64.81 a barrel on Monday reflecting confidence that an epic supply glut may finally be over because of production cuts by OPEC and Russia

U.S. Secretary of State Mike Pompeo says the Iranian documents obtained by Israel show that Iran lied about its pursuit of nuclear weapons and its deception undercuts the worldwide nuclear deal it signed in 2015.

The circumstances surrounding the Joint Comprehensive Plan of Action (JCPOA) on the Iranian nuclear program are a crisis, Russian Foreign Minister Sergey Lavrov said opening talks with his Iranian counterpart Mohammad Javad Zarif on Monday, TASS reports. But if it fails to qualify for an exception to the sanction this time around, Korea may have to stop importing oil from Iran and Korean businesses may not be allowed to settle accounts with their Iranian counterparts in Korean won. Also, the economic sanctions by the USA will resume after the grace period of between 90 days and 180 days. Although the government's spokesperson threatened to take the U.S. to the World Trade Organization (WTO) over the secondary sanctions, President Emmanuel Macron, apparently unfazed by the cold shower he received in Washington, contributed more confusion by repeating his half-baked ideas about a "new, more extended deal" with Iran, covering missiles and Iran's "problematic role in the region".

President Donald Trump pulled the United States out of the deal on Tuesday, raising the risk of conflict in the Middle East, upsetting European allies and casting uncertainty over global oil supplies. "Iran's Islamic Revolutionary Guard Corps bears full responsibility for the consequences of its reckless actions, and we call on the IRGC and its militant proxies, including Hezbollah, to take no further provocative steps".

In the wake of Trump's announcement, Iranian and Israeli forces exchanged missile fire.

Mr Le Maire said he was seeking concrete exemptions for French companies already present in Iran, including Renault, Total, Sanofi, Danone and Peugeot.

"The repeated attacks by the Zionist regime on Syrian territory were carried out under pretexts that were invented", he added.


Trump's move to ditch the nuclear deal has infuriated Washington's allies in Europe as well as China and Russian Federation. How the United States can counter that is a puzzle, because Obama gave away much of the leverage we once had.

"If the nuclear deal is to continue, the interests of the people of Iran must be assured", he added.

Israel's prime minister says his government has obtained "half a ton" of secret Iranian documents proving the Tehran government once had a nuclear weapons program. Now, Iran will likely up the pressure on those US troops and on USA soldiers in Iraq. "I think is really powerful, and to make it three days before the embassy move, I think it shows you that the president is absolutely doing the right thing here", Coates said. Such willful ignorance led to the misbegotten Iraq War, and now could drag the United States into a war with Tehran.

Putin's foreign affairs adviser Yuri Ushakov said Friday the deal between Iran, Russia and other members of the Moscow-dominated Eurasian Economic Union is set to be signed next week.

With Pompeo seemingly assuming the "good cop" role on behalf of the Trump administration, it was left to newly appointed USA national security advisor John Bolton to remind Europe its firms could be punished if they didn't adhere to American measures.

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