Iran's Presence In Syria May Tempt EU-3 To Leave JCPOA

US President Donald Trump announced on Tuesday that he would pull America out of a 2015 nuclear agreement with Iran

White House national security adviser John Bolton, who has in the past suggested the US government should push for a change in government in Iran, said on Sunday that is not the Trump administration's current policy.

Iran's foreign minister Mohammad Javad Zarif held talks with his Chinese counterpart Wang Yi in Beijing on Sunday.

Tzuriel was in Ottawa one day after Prime Minister Benjamin Netanyahu's televised multimedia presentation trumpeted Iranian documents obtained by Israeli's intelligence agency, Mossad, that he said show Iran lied about pursuing nuclear weapons before signing the 2015 deal.

The exit drew swift criticism from the deal's other signatories, including USA allies in Europe who'd tried for weeks to convince Trump to remain on board and said they plan to keep their commitment to the deal.

Berlin/Paris: Europe's largest economies lobbied to protect their companies' investments in Iran on Friday, seeking to keep the nuclear deal with Tehran alive after Washington pulled out and threatened to impose sanctions on European companies.

Trump described the deal as "horrible" and "one-sided" as he announced U.S. withdrawal on Tuesday, which could lead to penalties for European businesses that have begun trading with Iran since it was signed in 2013.

President Hassan Rouhani had said on Tuesday that Tehran would remain in the deal, provided its benefits stayed in force with its remaining signatories.

Trudeau said he regrets President Donald Trump's decision to withdraw the United States from the 2015 agreement that was negotiated by the world's major powers.

Meanwhile, the US government tried to further pinch Iran's finances by disrupting a currency exchange network allegedly used to transfer millions of dollars to Iran's Revolutionary Guard.

Citigroup's Ed Morse expects oil prices to rise past $80/bbl in the short term as Iranian production declines, but with those higher prices creating more production growth in the US and some other places - enough to bring crude down to the low $60s or high $50s in 2019.

"I don't have much confidence in the Europeans growing a spine anytime soon, but the Russians and the Chinese are much more reliable partners for Iran".

Israel and Iran engaged in an extensive military exchange on the heels of Trump's decision to leave the deal. The US benchmark, West Texas Intermediate also rose by $0.45 to $71.59 at the same time. It seems clear that, from Trump's perspective, the Iran deal and the diplomatic advances with North Korea are closely related - and that his policy of "maximum pressure" is paying off. France has been among the most vocal critics, after French banking giant BNP Paribas was fined almost $9 billion in 2014 for violating USA sanctions on Iran, Sudan and Cuba.

As a result of the new US sanctions, companies worldwide must stop doing business with Iran or risk USA fines or other punishment.

In reaction to a Tweet last month by Trump that accused OPEC of "artificially" boosting oil prices, Zanganeh said "Trump is not honest about oil prices".

Iran is seeking "whatever reciprocal measures it deems expedient" and expects to be compensated for what it sees as a breach of the agreement by the U.S.

Iran said it had asked Europe's Airbus to announce whether it would go ahead with a plane deal with Tehran following the USA pullout.

"The Europeans have repeated on several occasions that they will not be able to resist United States sanctions".

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