Trump's only possible Iran strategy is a fantasy

Iran nuclear deal Trump

SKY NEWSIran nuclear deal Donald Trump is set to pull the US from the Iran nuclear deal

Iran's Supreme Leader called U.S. President Donald Trump's comments on withdrawing from the 2015 nuclear agreement "silly and superficial", said he did not trust the European countries that were sticking with the agreement, and cast doubt on the future of the deal.

"At the heart of the Iran deal was a giant fiction: that a murderous regime desired only a peaceful nuclear energy program", he said during a news conference.

The major European countries, China and Russian Federation are all continuing to express their support for the agreement following Trump's decision to end U.S participation and restore sanctions against Iran.

The 2015 agreement lifted sanctions on Iran in exchange for Tehran limiting its nuclear program.

U.S. negotiators, meanwhile, appear to have been caught flat-footed by Trump's abrupt decision to pull out of the deal, four days before a self-imposed May 12 deadline.

"It's quite possible that surging United States shale production could easily fill the gap left by Iran", Eberhart said.

The senior State Department official says the ultimate goal of the United States is "to reach a point where we sit down again with the Iranians and negotiate a new deal".

On Wednesday, he said: "I would advise Iran not start their nuclear programme".

"There are areas beyond the (nuclear) accord that we must talk about", she said. Meanwhile, former Secretary of State John Kerry, who had been traveling the world in an attempt to conduct his own personal foreign policy on behalf of the mullahs, stated, "Today's announcement weakens our security, breaks America's word, isolates us from our European allies, puts Israel at greater risk, empowers Iran's hardliners, and reduces our global leverage to address Tehran's misbehavior".

The Senate's second-ranking Democrat, Dick Durbin, labelled it "a mistake of historic proportions" which "isolates the United States from the world".

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Salvini and Di Maio are scheduled to meet again in Rome on Monday before being received at the Quirinal, the presidential palace. Five Star has also called for a universal basic income scheme for the unemployed, while the League supports a flat income tax.

USA light crude was up 10 cents at $71.46, having touched a 3-1/2 year high of $71.89 on Thursday. "And Iran can try - it's going to be hard - but they can try to cement the wedge that the USA has driven between ourselves and our closest allies".

"Should U.S. reinstate its extra-territorial sanctions, that may have significant adverse impact on the ability for non-U.S. persons to trade with Iran and Iranian interests", the Swedish Club said.

"These European signatories also can not be trusted".

"We believe the previous 1 million bpd limit for exports (imposed during previous sanctions) will be reimposed".

"I believe the US position on this is precisely [intended] to ignore the council", one senior European diplomat says. So like I said, head toward something, not just away from something else.

News of the deal prompted a volatile trading session on Tuesday in the heaviest volumes for front-month USA crude futures since November 30, 2016.

"Yesterday President Trump promised to "work with our allies to find a real, comprehensive and lasting solution to the Iranian nuclear threat".

Hinderstein said there is every indication that the USA is preparing to pull out of other non-inspection mechanisms in the agreement, including converting the Arak heavy water reactor and the "procurement channel" that regulates the import of dual-use materials to Iran.

"It would have been a very public spectacle at the Security Council meeting and us being completely alone", he says.

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