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Europe Braces For End Of Iran Nuclear Deal

OilPrice.com Thursday, 12 October 2017
Europe is scrambling to come up with a contingency plan in the face of a U.S. threat to end the nuclear deal with Iran—a move that lends a high level of uncertainty to European megadeals, including French Total SA’s $5-billion oil deal with Tehran. At stake if Trump refuses to certify Tehran’s compliance with the nuclear accord on 15 October and sanctions are re-imposed are deals with European companies worth over $55 billion in total, according to figures from the Financial Times. If Trump refuses certification on 15 October,…
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News video: Iran Foreign Minister Plans to Respond to Trump Moves

Iran Foreign Minister Plans to Respond to Trump Moves 00:40

On Wednesday, Foreign Minister Mohammad Zarif told the Iranian parliament, that Iran will react sharply to any US move against the nuclear deal with global powers. The latest comments shows Iran's discontent with U.S. President Donald Trump decision to harden policy towards Tehran this week. Trump is...

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