Trump warns of 'very severe consequence' if Iran restarts nuclear program

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"We urge all sides to remain committed to its implementation and to act in a spirit of responsibility", they said in a joint statement.

Making his withdrawal announcement on Tuesday, Trump pilloried the accord for lacking mechanisms to "prevent, detect, and punish cheating" or provide immediate access to suspicious military sites.

"The Prime Minister raised the potential impact of USA sanctions on those firms which are now conducting business in Iran".

"It's going to take some time before we can ascertain what the impact will be, because we're going to have to wait and see what the response will be from Europe and how aggressive the USA will be", Brian Gallagher, head of investor relations at Euronav NV, one of the world's largest tanker owners, said by phone. They've gotta understand life.

GASS: Well, I think President Trump's decision has been greeted with dismay in Europe.

Theresa May, alongside German Chancellor Angela Merkel and French President Emmanuel Macron had pleaded with Mr Trump not to tear up the progress made with Iran.

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Spokesman Yoon Young-chan also called upon the North to release six South Koreans it has in prison. "I hope Mr. As for the others, this can be quite an exciting experience being welcomed by the head of the state himself.

Did Mr. Trump's advisers counsel him that he had a number of years before Iran was permitted under the agreement to do X, Y or Z?

Major companies in the United States and Europe could be hurt.

Those impacts will only become apparent once America's partners give their own response to Trump's decision, and when details of how the US measures are implemented are clear, the IG said.

Instead, they countenanced increasing pressure on Iran in other arenas, including new sanctions targeting its missile testing, and then committing to pressure on Iran as the sunset clauses loomed closer to extend bans on enrichment.

"There are worries that Iran's oil exports could fall by about 1 million barrels per day (bpd) from current levels", said Tomomichi Akuta, senior economist at Mitsubishi UFJ Research and Consulting in Tokyo.

India was earlier forced to withdraw from a tri-nation - India, Pakistan and Iran - gas pipeline project.

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The sanctions would include a ban over Iran's oil exports as well as restrictions on investments in the country's energy sector. A number of French firms have have signed billion dollar agreements with Iran since the nuclear accord was signed in 2015.

French President Emmanuel Macron and Iran's Hassan Rouhani agreed Wednesday to work toward the continued implementation of the nuclear deal despite the United States decision, which Macron called "a mistake".

Trump's decision raises the risk of deepening conflicts in West Asia, puts the USA at odds with European diplomatic and business interests and injects new uncertainty over global oil supplies.

He predicted Iran would choose to negotiate eventually, or face consequences. "We're providing a six-month wind down for energy-related sanctions", he said.

However, Trump felt that the Iran nuclear deal did not do enough to keep Iran from building nuclear weapons and therefore pulled out the United States.

Barkan said Trump's tough stance comes straight out of his book, "The Art of the Deal" and should surprise no one.

He's already said he will pull the U.S. out of the Paris climate change deal, tried to repeal Obama's healthcare act and pulled the United States out of a trade deal with Asia.

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As the "The Process" Embiid believes it's paying off, as he said: "Looking at where we are, it paid off". We all gotta play well together.

What is the Iran nuclear deal?