Motilal Oswal
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Motilal Oswal
Economy

US, Iran tensions unyielding, Europeans reject Iran 'ultimatums' over nuclear deal

Updated : May 10, 2019 06:50 AM IST

Iran's announcement on Wednesday, related to curbs on its stockpiling of nuclear materials, was in response to US sanctions imposed following President Donald Trump's withdrawal of the United States from the accord with Tehran a year ago.
President Hassan Rouhani said that unless the world powers which signed the deal protect Iran's economy from US sanctions within 60 days, Iran would start enriching uranium beyond limits set in the agreement.
The nuclear deal required Iran to curb its uranium enrichment capacity to head off any pathway to developing a nuclear bomb, in return for the removal of most international sanctions. A series of more intrusive UN inspections under the deal have verified that Iran is meeting its commitments.
US, Iran tensions unyielding, Europeans reject Iran 'ultimatums' over nuclear deal
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