Iran might scale back from nuclear deal commitments

Image
ANI Asia
Last Updated : Jun 16 2019 | 3:30 AM IST

Iran on Saturday signalled that it might further scale back from its commitments signed under the nuclear deal unless other signatories show "positive signals".

"Iran cannot stick to this agreement unilaterally. It is necessary that all the sides of this agreement contribute to restoring it, " Al Jazeera quoted Iranian President Hassan Rouhani, as saying.

"Iran needed to see positive signals from other signatories to the pact, " he added.

However, he fell short of telling details of actions Tehran is planning to take.

Last month, Iran had halted some of the commitments, following an order from the country's National Security Council.

US President Donald Trump in 2018 announced to withdraw from a nuclear deal and slapped a multitude of sanctions on Iran, citing the latter's support to state-sponsored terrorism and conflicts.

The historic 2015 deal between Iran and world powers--United States, Russia, China, Britain, France and Germany-- offered sanctions relief to Iran for scaling back its nuclear programme.

His comment comes days after, two oil tankers-- Marshall Islands-flagged Front Altair and the Panama-flagged Kokuka Courageous-- were attacked near the Strait of Hormuz.

The United States has accused Iran of the attack. It also released a video backing its claim.

During the address, the Iranian President, however, made no mention of attacks.

Tensions have escalated further in the already simmering region.

The US has remained rooted to its stand, saying it would continue to "impose maximum pressure" against Iran till the regime gives up its "destabilising ambitions" of expanding its nuclear programme.

Washington recently announced that no fresh sanction waivers will be issued for Iranian oil imports to eight countries, including India.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 16 2019 | 3:11 AM IST

Next Story