Trump pulls U.S. from Iran nuclear deal, to revive sanctions

U.S. President Donald Trump reacts to a question from the media as National Security Advisor John Bolton and Vice President Mike Pence look on after the president announced his intention to withdraw from the JCPOA Iran nuclear agreement during a statement in the Diplomatic Room at the White House in Washington, U.S., May 8, 2018. REUTERS/Jonathan Ernst

By Steve Holland

WASHINGTON (Reuters) – President Donald Trump said on Tuesday he was reimposing economic sanctions on Iran and pulling the United States out of an international agreement aimed at stopping Tehran from obtaining a nuclear bomb.

The decision is likely to raise the risk of conflict in the Middle East, upset America’s European allies and disrupt global oil supplies.

“I am announcing today that the United States will withdraw from the Iran nuclear deal,” Trump said at the White House. “In a few moments, I will sign a presidential memorandum to begin reinstating U.S. nuclear sanctions on the Iranian regime. We will be instituting the highest level of economic sanctions.”

The 2015 deal, worked out by the United States, five other international powers and Iran, eased sanctions on Iran in exchange for Tehran limiting its nuclear program.

Trump says the agreement, the signature foreign policy achievement of Trump’s predecessor Barack Obama, does not address Iran’s ballistic missile program, its nuclear activities beyond 2025 nor its role in conflicts in Yemen and Syria.

Iran has ruled out renegotiating the agreement and threatened to retaliate, although it has not said exactly how, if Washington pulled out.

Renewing sanctions would make it much harder for Iran to sell its oil abroad or use the international banking system.

(Additional reporting by Tim Ahmann, Makini Brice, Warren Strobel and Arshad Mohammed in Washington, Ayenat Mersie in New York, Sybille de La Hamaide, John Irish and Tim Hepher in Paris, Parisa Hafezi in Ankara, Bozorgmehr Sharafedin in London, Andrew Torchia in Dubai; Writing by William Maclean and Alistair Bell; Editing by Peter Graff, Yara Bayoumy and Bill Trott)

Israel’s Netanyahu to make ‘significant’ announcement on Iran

Israeli Prime Minister Benjamin Netanyahu attends the weekly cabinet meeting at the Prime Minister's office in Jerusalem, April 29, 2018. Sebastian Scheiner/Pool via Reuters/File Photo

JERUSALEM (Reuters) – Israeli Prime Minister Benjamin Netanyahu will make a televised announcement Monday evening (1700 GMT) in what his office said would be a “significant development” regarding the nuclear agreement with Iran.

The announcement will be made from Israel’s military headquarters in Tel Aviv, according to a brief statement from Netanyahu’s office.

“Prime Minister Benjamin Netanyahu will make a statement on a significant development regarding the nuclear agreement with Iran,” the statement said, offering no further details.

Netanyahu met on Sunday with new U.S. Secretary of State Mike Pompeo and the two had spoken about Iran.

Speaking alongside the Israeli leader, Pompeo said in Tel Aviv: “We remain deeply concerned about Iran’s dangerous escalation of threats towards Israel and the region.”

Netanyahu had said: “I think the greatest threat to the world and to our two countries, and to all countries, is the marriage of militant Islam with nuclear weapons, and specifically the attempt of Iran to acquire nuclear weapons.”

U.S. President Donald Trump has threatened to withdraw from the 2015 agreement reached between Iran and global powers, which granted Tehran relief from economic sanctions in return for curbs to its nuclear program.

Israel has long opposed the agreement. Washington’s major European allies have urged the Trump administration not to abandon it and argue that Iran is abiding by its terms.

(Reporting by Ari Rabinovitch; Editing by Peter Graff)