The world faces risky reality with Iran nuclear deal left for dead

U.S. President Donald Trump signs a proclamation announcing his intention to withdraw from the JCPOA Iran nuclear agreement at the White House in Washington

Whether you're an importer of high-end Persian rugs or simply someone who values global peace, you have cause to be concerned about President Donald Trump's decision to withdraw the United States from the Joint Comprehensive Plan of Action (JCPOA), otherwise known as the Iran nuclear deal.

"We were for it and we worked on it", another Saudi source said of Riyadh's diplomacy, as quoted by Reuters.

A prominent Iranian cleric on Friday threatened two Israeli cities with destruction if the Jewish state "acts foolishly" and attacks its interests again, while thousands of protesters demonstrated against President Donald Trump's withdrawal from the Iranian nuclear deal with world powers.

"If they don't trust the inspections, I don't know why they would be strongly encouraging Iran to comply", said Corey Hinderstein, a fuel cycle expert who previously worked on implementation of the deal at the Department of Energy.

Despite Mr Trump's caution, Mr Parker said New Zealand's government was unchanged over their position on the nuclear agreement with Iran.

On Wednesday, the European allies were seeking to salvage the nuclear deal and preserve their business with Iran. The deal has capped Iran's nuclear programs and the postponement would allow Tehran to build trust with neighboring countries that would encourage it to give up those nuclear dreams.

Meanwhile, the president's decision on the Iran deal has placed the U.S. government at odds with key European allies, including the UK, France and Germany, who described the move as regrettable.

The way Trump summarily dismissed the pleas of all other countries that were signatories to the agreement is an egregious display of American arrogance. President Hassan Rouhani said Iran will push to make the deal work but may increase uranium enrichment if the European efforts don't yield tangible results.

North Korean Nuclear Tunnels
CNS/MIIS research on the possibility that the nuclear test site at Punggye-ri is possibly being dismantled right now. With U.S. help, those countries recovered from the devastation of conflict.

"The Europeans should not have to pay for the withdrawal of an agreement by the United States, to which they had themselves contributed", he said.

At its heart, the JCPOA was really a deal between the USA and Iran, although there are six other participants (the EU, UK, France, Germany, Russia, and China).

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

Pompeo told the German and British foreign ministers and a senior French official by telephone last Friday that Washington would no longer pursue the process with Europe. Kieran Corcoran wrote Wednesday morning for the Business Insider, "Members of Iran's parliament set fire to a USA flag and chanted "death to America" after Donald Trump pulled out of the Iran nuclear deal".

"This deal was fundamentally flawed", he said. Or should they offer political and economic support to Trump, and take market share away from their regional rival, by raising production to fill the gap?

The decision to go back on a U.S. commitment to a deal that even U.S. Central Command chief Gen. Joseph Votel and Secretary of Defense James Mattis have acknowledged were working is the ultimate unforced error, and the potential consequences could not be more dire. "United States shale producers turn the taps back on the longer prices remain above break-even", said Kerry Craig, global market strategist at JP Morgan Asset Management.

"We are closely monitoring developments following (the) USA administration decision ... and will assess our position and commercial arrangements accordingly", Hellenic said.

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