U.S. to continue with Obama-era Iran nuclear deal, for now

The Trump administration has signaled that it would continue the Iran nuclear deal made under the Barack Obama administration for the meantime as the U.S. is still forming a new comprehensive Iran policy.

However, it will also impose some new sanctions against several Iranian individuals and four other organizations, including a China-based network that supplied missile-related items to a key Iranian defense entity, reports the Hill.

"The U.S. and its partners will continue to apply pressure on Iran to protect the human rights and fundamental freedoms for everyone in Iran," said Stuart Jones, the acting assistant secretary of state for near eastern affairs, who will be traveling with President Donald Trump to the Middle East at the end of the week.

The development shows that Trump's softened stance on the Iran Nuclear deal and comes ahead of the President's five-country which includes stops in Saudi Arabia and Israel.

Also, some of the waivers were set to expire this week unless they were extended by President Trump.

The National Iranian American Council welcomed the decision, but voiced concern about the administration's commitment to the Joint Comprehensive Plan of Action agreement with Iran.

"In renewing waivers of U.S. sanctions, the Trump administration has once again grudgingly acknowledged that Iran continues to abide by its obligations under the agreement. Yet, the administration continues to stand in the way of what is legitimate trade with Iran, which the agreement obligates the United States not to do," said Trita Parsi , President of the organization.