A White House statement issued after Trump's speech said the USA president directed his "administration to immediately begin the process of re-imposing sanctions" related to the deal, formally known as the Joint Comprehensive Plan of Action (JCPOA).
Crude oil prices jumped back to 3-1/2-year highs on Wednesday after President Donald Trump pulled the United States out of an worldwide nuclear deal with Iran, while the dollar continued its tireless ascent and world stocks held steady.
Weighing in on the United States' decision to pull out of the 2015 Iran nuclear agreement, India on Wednesday called for diplomacy to resolve the dispute.
Coveney's words reflected similar sentiments expressed by various European leaders including French President Emmanuel Macron, German Chancellor Angela Merkel, and British Prime Minister Theresa May who, in a joint statement, said: "This resolution remains the binding worldwide legal framework for the resolution of the dispute about the Iranian nuclear programme".
Iran's moderate President Hassan Rouhani was diligently working towards reforms and had staked a lot of political capital on the nuclear deal.
"Israelfully supports President Trump's bold decision today to reject the disastrous nuclear deal with the terrorist regime in Iran".
In early March, Iranian Foreign Minister Mohammad Javad Zarif forewarned on state television: "If the United States makes the mistake of pulling out of the JCPOA (Joint Comprehensive Plan of Action), it will definitely be a painful mistake for the Americans". It removed nuclear-related sanctions on Tehran in exchange for restrictions on Iran's nuclear program in certain aspects.
Iran lawmakers burn US flag in Parliament, cry "Death to America"
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.
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Also, the number of funds holding Schlumberger LTD in their top 10 equity positions decreased from 39 to 31 for a decrease of 8. Parkwood Llc decreased its stake in Baidu Inc (BIDU) by 16.09% based on its latest 2017Q4 regulatory filing with the SEC.
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On Monday, U.S. crude reached $70 a barrel for the first time since November 2014. "The JCPOA is working - that is a view shared by our European allies, independent experts, and the current U.S. secretary of defence", the former president said.
The US exit from the Iranian nuclear deal will provoke another major global crisis and grant Iranians freedom to develop nuclear weapons and related programs, a senior Russian MP has said.
"We will face hard sanctions following the USA pullout, but they will not remain in place since the global community needs Iran", added another hard-line lawmaker, Jabbar Kouchakinejad.
"It was clear from the start that the United States is not trustworthy". There's no denying that the Iran nuclear deal was a grand diplomatic success. "Because our commitment to the security of our allies and partners in the region is unwavering, we must also address in a meaningful way shared concerns about Iran's ballistic missile programme and its destabilising regional activities, especially in Syria, Iraq and Yemen".
Instead of building on unprecedented nonproliferation verification measures, this decision risks throwing them away and dragging the world back to the brink we faced a few years ago.
"If you can't get a definite guarantee, then the nuclear deal cannot be continued", he said. Trump's announcement from the White House marked potentially the worst-case scenario for the relative moderate, as the country's economy continues to reel despite the deal and may further worsen.
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