Economy

Oil prices fall as market awaits Trump decision on Iran

Oil prices fall as market awaits Trump decision on Iran”

"We have to double down on our sanctions, we have to get our European allies and (our allies) around the globe to put pressure on Iran to achieve what was entirely missed by the Iran deal, and that's denuclearization".

President Hassan Rouhani said he would send foreign minister Mohammad Javad Zarif to visit each of the remaining countries involved in the deal. And in agreeing to meet with Trump, North Korea still hasn't committed to anything concrete - or anything that it hasn't promised in the past.

Finally: A USA president is pushing back on Iran's unsafe and growing power.

President Donald Trump predicted Tuesday that Iranians would someday "want to make a new and lasting deal" and that "when they do, I am ready, willing and able". The governments of France, Germany and the United Kingdom all said on Tuesday they wanted to stick to the deal and urged the USA not to obstruct that. The Obama administration, which assented to every imaginable Iranian demand to preserve this agreement, allowed Teheran to dictate the terms of IAEA access, which included asking permission for inspections, the ability to deny access to military sites and the ability to take almost a month's time to clean up at sites. It ultimately allows Iran to start proliferating after the deal expires.

Fischer said she believes Trump's decision to withdraw from the agreement and reimpose sanctions on Iran "increases our leverage and raises the likelihood of a better deal that protects our long-term national security interests". And the vast majority of the tens of billions of dollars that Iran gets is not American money, but its own frozen assets.

Mr Trump announced that he is pulling America out of the 2015 deal worked out by the United States, the three European countries, other global powers and Iran to ease sanctions in exchange for Teheran limiting its nuclear programme.

Hayden called the information, presented last week by Prime Minister Benjamin Netanyahu, "old news".

"Everything in that cache of documents has everything to do with the early 2000s", he told Newsmax.

Rohani said on May 7 that Iran would remain in the nuclear accord even if the United States withdraws, on the condition that the other parties - France, Britain, China, Russia, and Germany - stick with the agreement.

"They lied", Hayden said.

So we don't know if Iran is complying.

"All that information was from 10 years ago", the retired general said.

Since the deal was signed, the European Union has effectively lifted all sanctions on Iran, but Washington has kept some in place over Iran's missile program, which was not covered by the deal.

Still, the nuclear deal is not flawless, Hayden insisted to Newsmax. "I just don't think that it's a wise move". For weeks, Iran's foreign minister had been saying that a re-imposition of USA sanctions would render the deal null and void, leaving Tehran little choice but to abandon it as well. This is not the State Department. He didn't name Trump directly, but emphasized that Iran continued to seek "engagement with the world". He added that the United States "will be instituting the highest level of economic sanction".

The talking heads, the deal's defenders, and members of Obama's echo chamber will continue using the same exhausted arguments and straw men they used in 2015 when they sold it to the American people.



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