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Both Washington's European allies and Tehran pledged on Tuesday to uphold the 2015 Iran nuclear deal despite President Donald Trump's decision to pull the United States out and reimpose sanctions.  European leaders decried Trump's decision to withdraw from the deal, which had lifted sanctions against Iran in return for
curbs on its nuclear programme. They called on Washington not to take steps that would prevent other countries from upholding it.  Iran's President Hassan Rouhani said Tehran aimed to continue to comply with the deal's terms, and would swiftly reach out to the its other signatories - Britain, France, Germany, Russia and China - to keep it in place.

Iran’s Oil Minister Bijan Zanganeh said on Thursday that Tehran’s oil exports would not be affected by U.S. decision to withdraw from the nuclear agreement. “Trump’s decision will not have any impact on our oil export….that era is history now,” he said. “If foreigners invest in Iran, it will accelerate the development of our oil sector but, if not, we will not die,” he added.  Zanganeh said Iran’s crude production was about four mil bpd, almost four percent of global output, and he expected production to remain the same until the end of this (Iranian) year (March 2020).


 

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