Published: Wed, July 10, 2019
Global News | By Blake Casey

Trump warns Iran sanctions will 'soon be increased substantially'

Trump warns Iran sanctions will 'soon be increased substantially'

Washington says it is open to talks on a more far-reaching accord but Iran says it must first be able to sell as much oil as it did before the United States withdrawal.

He called UK's act a banditry adding that the act has been done under U.S. demand to sanctions Iran's oil exports and has nothing to do with Syria.

The deal promised to lift sanctions in return for curbing Iran's atomic program.

"While immensely popular to begin with, the nuclear deal has now lost some of its appeal among supporters in Iran".

The IAEA was also said to have verified that Iran's stockpile of low-enriched uranium had grown since the 300kg (660lb) limit was exceeded on 1 July.

Iranian Foreign Minister Mohammad Javad Zarif, meanwhile, denied the supertanker belonged to Iran, saying whoever owned the oil shipment and the vessel could pursue the case through legal avenues.

Iranian President Hassan Rouhani said on Wednesday that Tehran's measures were within the framework of the deal. Iran has rejected talks for a new deal.

Earlier on Wednesday, Ali Shamkhani, a senior security official, told Bonne that the decision to increase enrichment is an "unchangeable strategy".

U.S. President Donald Trump underscored the comments later, tweeting that the nuclear deal was "terrible" and threatened that "sanctions will soon be increased, substantially!"

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Iran on Sunday declared the second step to reduce its commitments by ramping up the level of uranium enrichment to over 3.67 percent.

"Iran has always been secretly 'enriching, ' in total violation of the bad 150 Billion Dollar deal made by John Kerry and the Obama Administration", Trump wrote on Twitter.

France, Britain and Germany, who remain a part of the nuclear accord along with Russian Federation and China, said they planned to convene a meeting of the signatories amid "deep concern that Iran is not meeting several of its commitments".

While Iran has breached terms of the deal which the IAEA is policing, the United Nations watchdog is not a party to the accord and Tehran has not violated the nuclear Safeguards Agreement binding it to the agency.

"It was a huge mistake by the Americans to leave the deal", said Behrouz Kamalvandi, spokesman for Iran's Atomic Energy Organisation.

Iran says it is reacting to harsh United States economic sanctions imposed on Teheran since Trump pulled out of world powers' 2015 nuclear accord with the Islamic Republic past year, and says all its steps were reversible if Washington returned to the deal. That has been a political nonstarter in Washington, meaning that the prospect of negotiations between Washington and Tehran remains bleak.

Kazim Gharib Abadi, Iran's ambassador to the IAEA, told reporters following Trump's accusation that all Teheran's nuclear activities were being monitored by IAEA inspectors.

US and Iranian envoys to the International Atomic Energy Agency are expected to address the group Wednesday.

Iran maintains it is justified in breaching the limitations because the USA already broke the deal with its unilateral withdrawal past year, and Ulyanov said its recent steps "are not a source of enthusiasm, but we treat them with understanding".

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