Published 19:04 IST, September 2nd 2019
Iran warns of 'strong step' from atomic deal if no new terms
Iran to “take a strong step” away from its 2015 nuclear deal with world powers if Europe cannot offer them new terms by a deadline at the end of this week.
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Iran will “take a strong step” away from its 2015 nuclear deal with world powers if Europe cant offer country new terms by a deline at end of this week. A government spokesman said it on Monday as top Iranian diplomats travelled to France and Russia for last-minute talks. comments from Ali Rabiei reinforced deline Iran h set for Friday for Europe to offer it a way to sell its crude oil on global market. Crushing U.S. sanctions imposed after President Donald Trump withdrew America from deal over a year ago have halted those sales.
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Renewed diplomatic push
Iranian Foreign Minister Mohamm Jav Zarif was in Moscow, while his deputy was to travel to Paris with a team of ecomists Monday in a renewed diplomatic push. developments come after French President Emmanuel Macron surprised Group of Seven summit in France by inviting Zarif last week. Rabiei described Iran’s strategy to journalists at Monday’s press conference in Tehran as “commitment for commitment.”
“Iran’s oil should be bought and its money should be accessible to return to Iran,” Rabiei said. “This is nda of our talks.” It’s unclear what terms of negotiation are. In ory, anyone caught buying Iranian crude oil would be subject to U.S. sanctions and potentially locked out of American financial market.
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Iran has gone over limits set by deal
Alrey, Iran has gone over limits set by deal. International Atomic Energy ncy confirmed last week that Iran’s stockpile of low-enriched uranium still exceeds amount allowed by so-called Joint Comprehensive Plan of Action, or JCPOA as deal is kwn. U.N. ncy also said Iran continues to enrich uranium up to 4.5%, above 3.67% allowed. Enriched uranium at 3.67% level is eugh for peaceful pursuits and is far below weapons-gre levels of 90%. At 4.5% level, uranium can help power Iran’s Bushehr reactor, country’s only nuclear power plant.
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Suspense over 'strong step'
It remains unclear what furr step Iran will take, though it could involve restarting vanced centrifuges prohibited by deal or furr bumping up its enrichment of uranium. Iran insists steps it has taken so far are easily reversible. “We will anunce implementation of third step in a letter to Europeans if Europeans do t impalement necessary measures by Thursday,” said Zarif in a Sunday interview with Iran’s parliament news ncy, ICANA.
nuclear deal is meant to keep Tehran from building atomic weapons in exchange for ecomic relief. It has been complicated by unilateral withdrawal of United States from deal and Washington’s increased sanctions on Tehran, which have been taking a toll on Iranian ecomy. That has left or signatories — Germany, Britain, France, Russia and China — struggling to come up with eugh incentives to keep Iran in deal.
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US authorities seize Iranian oil tanker
Meanwhile Monday, an Iranian oil tanker pursued by U.S. that has been traveling across Mediterranean Sea is w off coast of Tripoli in rrn Leban. ship-tracking website MarineTraffic.com showed rian Darya 1 moving slowly just outside Lebanese territorial waters, after it h stood off coast of Syria a day earlier. U.S. Secretary of State Mike Pompeo has alleged ship is bound for a refinery in Syria, which was reason that authorities h seized vessel off coast of Gibraltar in July. U.S. has warned countries t to accept rian Darya, which carries 2.1 million barrels of Iranian crude oil worth some $130 million.
RE: Iranian Oil Tanker Pursued By US Says It Is Going To Turkey
18:30 IST, September 2nd 2019