'We are largely unaffected, ' said A.K. Sharma, finance chief at Indian Oil Corp (IOC). But he left perhaps the most critical question unaddressed: What, precisely, is USA policy toward Iran?
Trudeau also stressed Canada is firmly aligned with most countries, including other North Atlantic Treaty Organisation allies in supporting the deal, formally known as the Joint Comprehensive Plan of Action.
"Walking away from the JCPOA turns our back on America's closest allies, and an agreement that our country's leading diplomats, scientists, and intelligence professionals negotiated".
After Trump announced a unilateral decision to stop participation in the deal, Iranian President Hassan Rouhani called the move illegal, illegitimate and a violation of worldwide law, but promised that his country would continue to comply with the deal's conditions despite the United States pullout. China urged all parties involved to continue efforts to implement the agreement.
"Prior to JCPOA, the major world economies and the UN were united in their approach so trade to Iran, and insuring that trade, was impossible for businesses subject to U.S. or European Union regulation".
Earlier this month, Iranian President Hassan Rouhani said in a live broadcast that if President Trump follows through with his promise to pull out of the Iran nuclear deal, the United States "will surely regret it".
After sanctions were eased as part of the nuclear agreement, Iran ramped up production to about 3.8 million barrels a day.
"The Europeans' decision allows us to prevent Iran from immediately restarting their (nuclear) activities and to avoid escalating tensions", Macron said.
"On this issue he has not listened", Mr Burt told the BBC Radio 4 Today programme.
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"From this moment, the JCPOA is between Iran and five countries", he said in a televised address.
But he has been a staunch advocate of working with allies and became a quiet defender of the Iran deal as Trump mulled pulling out.
"If we do nothing, we know exactly what will happen".
Elsewhere, shortly after Trump's Tuesday announcement, the European Union's top diplomat, Federica Mogherini, urged solidarity in the rest of the global community outside the United States.
Iran hopes the European Union will pass laws to protect European firms from any potential USA sanctions.
There is still some hope for Iran's trading partners, as the other parties to the 2015 nuclear agreement - the UK, France, China, Russia and Germany - have pledged their continuing support for the deal.
Iran has always denied seeking a nuclear weapon, insisting its atomic program was for civilian purposes. At this stage, we are working closely with our U.S. and our European partners to that end.
It has been reported that Foreign Ministers of France, Britain and Germany will meet with a group of Iranian representatives over the next week to take stock of the situation.
"However, with the reimposition of USA sanctions, United Kingdom businesses may wish to consider the implications for their business activities in Iran and, where necessary, seek appropriate legal advice".
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