Sci-tech

What are the ramifications of U.S. exiting Iran nuclear deal?

What are the ramifications of U.S. exiting Iran nuclear deal?

Withdrawing from the accord weakens the U.S.'s ability to take on Iran over its support for terrorism, its influence in neighboring countries, and its ballistic missile program, because without the accord, Iran can back those actions with nuclear capability, Rice wrote. "(But a number of factors) strongly advise against attempts to chase oil above $80 in a straight line".

"If they do, there will be very severe consequences", the President said Wednesday during a Cabinet meeting.

Benchmark Brent crude has been on an upward trajectory for several weeks as speculation mounted that Trump would terminate the landmark 2015 accord that resulted in a lifting of United States and European Union sanctions in return for a halt to Iran's nuclear weapons program. He added that "the consistent flouting of agreements that our country is a party to risks eroding America's credibility and puts us at odds with the world's major powers".

Sen. Dick Durbin (D., Ill.) called Trump's decision to scrap the deal "reckless", saying the worldwide inspections regime required under the accord to probe Iran's nuclear facilities is now at risk.

The pact was signed to prevent Iran from developing nuclear weapons, and in effect made it impossible for the country to produce a bomb.

Moderates in Iran who might have wanted to help Americans get home now have little political power to make that happen, Sherman noted, as now it would look like they were making concessions to the U.S. without getting anything in return, just as Trump is vilifying the country. They've got to understand life, because I don't think they do understand life.

Asked by ABC News what he would do if Iran moves forward in restarting the program, Trump wasn't specific but again warned Iran of "severe outcome".

I believe the U.S. is fed up with the Iranian government and unfortunately Mr Netanyahu has a tremendous hold on Mr Trump and he is now calling for the shot.

Major companies in the U.S. and Europe could be hurt.

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The discussions led to Iran agreeing in 2003 to suspend uranium enrichment-related activities pending further negotiations on trade and diplomatic concessions. Ayatollah Ali Khamenei directly challenged Trump, saying "you can not do a damn thing" after Trump announced he was renewing sanctions on Iran. "The politburo calls on the Modi government to disapprove of the USA action".

Senior European figures insisted on Wednesday that the deal was not dead, despite the U.S. withdrawing from it. He predicted Iran would choose to negotiate eventually, or face consequences. Companies and banks doing business with Iran will have to scramble to extricate themselves or run into trouble with the U.S. government.

"We will be instituting the highest level of economic sanction", the president said Tuesday.

Trump has the backing of Saudi Arabia, United Arab Emirates and Israel.

Iran has denied ever pursuing nuclear arms.

"These people are being lost in the shuffle", Jason Rezaian, a Washington Post reporter imprisoned in Iran for about 18 months, told CNN's Wolf Blitzer after Trump announced his decision.

Trump has always been an opponent of the Obama-era accord, which was signed in 2015.

When French President Emmanuel Macron was visiting Australia just last week he conceded the Iran agreement was far from ideal and needed changes, especially the issue of missiles and what happens after it expires in 2025.


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