Fear, loathing and dismay in Iran as Trump exits nuclear deal

On the horns of dilemma to choose between the friendship of United States and economic interests with Iran, India on Wednesday reacted cautiously to President Donald Trump's decision to pull out of the Iran nuclear deal.

Trump's decision opens the door to greater U.S. confrontation with Tehran and strains relations with America's closest allies, current and former diplomats said.

Professor Gillespie said it's unlikely that Iran would want to cheat on the deal because of the benefits it has experienced of having sanctions lifted.

Even though companies can seek US Treasury licenses to continue operating in Iran beyond the deadlines, the threat of US sanctions will likely force them out, experts say.

Donald Trump's announcement that the USA is withdrawing from the Iran nuclear deal came in a speech littered with serious claims against the regime, including "definitive proof" that Iran "lied" about its nuclear programme.

Major companies in the US and Europe could be hurt, too. "We have made it very clear that if Iran acquires a nuclear capability we will do everything we can to do the same".

Citing "new and conclusive proof" of violations by Iran, Israeli Prime Minister Benjamin Netanyahu has accused Tehran of continuing to hide and enhance its nuclear weapons program after the agreement.

In comments to his national Security Council, Putin expressed his "deep concern" over Trump's decision announced on Tuesday and stressed the importance of the accord with Iran.

He is also unhappy that the Iran nuclear deal didn't forbid Tehran from continuing with its ballistic missile program.

It pits us against some of our closest allies - Germany, France and Britain - and implies that the United States can't be counted on to abide by worldwide accords it helped negotiate.

It reiterated that Iran was preparing to resume "industrial-scale" uranium enrichment "without any restrictions" unless Europe provided solid guarantees that it could maintain trade ties despite renewed United States sanctions.

On the flip side, at least two US allies outside of the seven-country agreement, Israel and Saudi Arabia, have both expressed support for Trump's decision, claiming that Iran's non-nuclear missile production and financial support for terrorism are larger threats to the region - activities they allege have grown since the 2015 deal.

Mr Trump also pointed to Iran's actions in countries including Syria and Yemen.

Iranian missiles aren't aimed at Western Europe. In any case, Iran's oil accounts for only a small percentage of the world's oil supply.

Iran's government must now decide whether to follow the US and withdraw or try to salvage what's left with the Europeans.

Iran's President Hassan Rouhani said Tuesday that he was ordering the country's atomic industry to be ready to restart industrial scale enrichment of uranium, but other officials indicated Iran intends to continue sticking with the deal.

The U.S. expectation that the inspections will continue appears to be based on pledges from Iran and the five other world powers that signed the accord that they will continue to honor it despite the U.S. withdrawal.

Russian Federation and China are less exposed to United States markets and therefore better placed to resist Washington's economic pressure.

  • Leroy Wright