Russia: Iran Must Offer Concessions on Nuclear Deal

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"There was awareness of the urgency", Mogherini said after the meeting in Brussels.

Bolton said he was not present when the aide, Kelly Sadler, told other communications aides at a closed-door staff meeting that McCain's opposition to Gina Haspel as Central Intelligence Agency director did not matter because "he's dying anyway".

In their opening remarks, Lavrov said Russia, Iran and the other signatories of the deal, including China and three European countries, should together "defend their legitimate interest stipulated by this agreement".

Oil tanker owners are facing a nervous wait to find out whether they can carry on doing business with Iran after President Trump said on Tuesday he was reinstating a raft of sanctions against the Persian Gulf country.

President Hassan Rouhani said he had asked Foreign Minister Mohammad Javad Zarif to negotiate with European countries, China and Russian Federation in the coming weeks.

"By backing away from the Iran nuclear deal, Trump is punishing emerging markets and we are an emerging market. A lot depends on what we can do within the next few weeks".

Iran has said it will continue to abide by the nuclear accord only if Europe guarantees continued economic benefits from the agreement.

"It won't be easy, that's clear to all of us". "I think that will sink in and we'll see what happens then".

At 70 per cent turnout, Karnataka's on a high
The election to the Rajarajeshwari Nagar seat has been deferred to May 28 after the seizure of fake voter cards from an apartment. It was 65 percent in 2008 and 2004, 69 percent in 1989 and 1994, and 69 percent in the 1990 Assembly election.

At the same time, the European diplomats wanted to show they weren't gullible and wouldn't drop other divisive issues with Tehran, including its role in the Syria conflict. This could in turn lead to a nuclear arms race in the Middle East, with Saudi Arabia also planning a nuclear program unless Iran is kept under check. Over the past decade, USA law enforcement has repeatedly used the US dollar's status as the dominant currency for global financial transactions to prosecute foreign-based companies that execute dollar-denominated transactions that violate USA law.

Iran's Supreme Leader Ayatollah Ali Khamenei has called the U.S. withdrawal "impudent" and "worthless".

"If the nuclear deal is to continue, the interests of the people of Iran must be assured", Zarif added.

That is part of a flurry of diplomatic activity following Trump's unilateral withdrawal from what he called "a frightful, one-sided deal", a move accompanied by the threat of penalties against any foreign firms doing business in Iran.

Protesters burned an American flag and railed against the U.S. and Israel after emerging from Friday prayers in Tehran.

Each company and bank will have to decide whether to risk being cut off from the US financial system. The commission is expected to unveil them to European Union leaders at a summit in Sofia, Bulgaria, on Wednesday. "America's position in the global banking system and the punitive measures they could take on countries and businesses in Europe that do business in Iran". Oil inventories for countries within the Organization for Economic Cooperation and Development (OECD) at the end of April were an estimated 3% lower than the previous five-year average (2013-2017) in terms of days of supply, the largest percentage below the five-year average since March 2014.

"At the moment it's not easy to quantify the possible economic impact of the US withdrawal on European business activities", said the head of the EU's business lobby, Emma Marcegaglia, who called for "legal clarity".

The EU's energy commissioner is also traveling this week to Iran to discuss strengthening European energy support to Iran.

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