Iran will respect nuclear deal if its interests preserved, Rouhani says

Since President Donald Trump's decision to withdraw in May, calling the agreement deeply flawed, European states have been scrambling to ensure Iran gets enough economic benefits to persuade it to maintain the nuclear curbs required in the deal.

Rouhani, who's facing intense pressure from hardline conservatives at home who accuse him of being naïve for ever trusting the US, would be left with little incentive to remain in the deal and in compliance with its terms and conditions.

"Assuming that Iran could become the only oil producer unable to export its oil is a wrong assumption", he said.

Factional power struggles are endemic in Iran, where hardliners around the Supreme Leader, such as the Revolutionary Guards and the judiciary, face off against the president, and pragmatists and reformists in elected institutions such as parliament.

Iran's foreign minister will meet representatives of five world powers to discuss the future of the nuclear deal in Vienna, Reuters quoted the Iranian news agency IRNA as reporting on Tuesday.

Opposing Obama's 2015 nuclear deal with Iran, known officially as the Joint Comprehensive Plan of Action (JCPOA), was one of Trump's earliest campaign rallying calls and resounded heavily with his conservative supporters.

Obama allowed Iranian gov't to infiltrate the U.S.? The first group of sanctions on the automotive sector, gold trade, and other industries will "snap back" beginning on August 4.

Hook said that the first part of USA sanctions against Iran will snap back on August 6.

The expected to put pressure on allies and other countries in the coming months to divest from Iranian oil exports by November 4, a senior State Department official said last week.

Zolnour's allegations work to add fuel to the fire of the ongoing debate in Washington over Obama's failed dealings with Iran - with much evidence being stacked up against the 44th president that he was too easy on the militant Islamic nation and made far too many concessions to stay on friendly terms.

Donald Trump walks off after delivering a statement on the Iran nuclear deal from the Diplomatic Reception Room of the White House, May 8, 2018.

"After the JCPOA [nuclear deal] we showed very clearly that whatever promise we make, we stand by", Rouhani said.

It remains unclear whether the Obama administration carved out special exemptions for the families of Iranian regime officials to live in the United States. Iran has asked European countries to offer new economic measures to offset the impact of a return of US sanctions.

He added that it is "incorrect and unwise" to think that "one day all oil producing countries would export their surplus oil and Iran would be the only country that can not export its oil".

Oil prices are set, for the most part, by Saudi Arabia and, to a lesser extent, its OPEC partners including Iran.

Despite who made the claim - and that the State Department and the Department of Homeland Security have not confirmed it - several news outlets reported the story anyway, which Trump then tweeted. "We are prepared to work with countries that are reducing their imports on a case-by-case basis", said Brian Hook, the director of policy planning at the State Department.

Hook said more than 50 global companies had committed to leaving the Iranian market, particularly in the oil and financial sectors.

Rouhani on Monday blasted the re-implementation of US sanctions on Iran, saying that the penalties had the greatest impact on Iranian citizens.

  • Jon Douglas