Connect with us

Hi, what are you looking for?

Politics

Iran faces August deadline to accept comprehensive nuclear deal or face renewed UN sanctions

Iran has until the end of August to agree to a nuclear deal with the United States and its allies, Fox News has learned. 

Secretary of State Marco Rubio and the foreign ministers of France, Germany and the United Kingdom set the de facto deadline, according to three sources with knowledge of a call Wednesday among the officials. 

If Tehran fails to agree to a deal, it would trigger the ‘snapback’ mechanism that automatically reimposes all sanctions previously imposed by the United Nations Security Council. 

The sanctions were lifted under the 2015 Iran deal. 

The Trump administration has tried pressuring Iran to accept a deal to walk back its nuclear program after U.S. and Israeli strikes targeting nuclear sites. 

United Against Nuclear Iran, a nonprofit that opposes Tehran’s effort to develop a nuclear weapon, applauded Wednesday’s news. 

Kayleigh McEnany: The clock is ticking after Trump gave Iran a 2-week timeline

‘Tehran has learned that, for the Trump administration, a deadline means a deadline,’ UANI Chairman and former Florida Gov. Jeb Bush and CEO Ambassador Mark D. Wallace said in a joint statement. 

‘After failing to agree to a deal within 60 days of diplomacy, the United States and Israel undertook targeted military action against the regime in June. Consequently, Tehran should take this new deadline seriously.’

On Monday, Iran warned it would retaliate if the U.N. Security Council imposes the snapback sanctions. 

‘The threat to use the snapback mechanism lacks legal and political basis and will be met with an appropriate and proportionate response from the Islamic Republic of Iran,’ Foreign Ministry spokesperson Esmaeil Baghaei claimed during a press conference, according to a Reuters report.

Iran negotiates with Europe, rejects nuke talks with US

Baghaei didn’t specify how Tehran would retaliate. 

This post appeared first on FOX NEWS

You May Also Like

Editor's Pick

Clark Packard To hear Washington’s hawks tell it—including many in the Trump administration—trade with China jeopardizes domestic manufacturing and, worse still, US national security....

Editor's Pick

Alfredo Carrillo Obregon and Clark Packard Last week, President Trump announced the United States was imposing a 50 percent “national security” tariff on copper...

Editor's Pick

Investing in triple-leveraged ETFs may not be on your radar. But that may change after you watch this video.  Tom Bowley of EarningsBeats shares...

Editor's Pick

Is the market’s next surge already underway?  Catch Tom Bowley’s breakdown of where the money is flowing now and how you can get in...