Europeans work to save Iran deal, and business, after Trump pulls out

Dismayed European allies sought on Wednesday to salvage the Iran nuclear deal and preserve their Iranian trade after President Donald Trump withdrew the United States from the landmark accord and ordered sanctions reimposed on Tehran.

“The deal is not dead. There’s an American withdrawal from the deal but the deal is still there,” French Foreign Minister Jean-Yves Le Drian said.

But Iranian President Hassan Rouhani, a pragmatist who helped engineer the 2015 deal to ease Iran’s economically crippling isolation, told French counterpart Emmanuel Macron in a phone call that Europe had only a “limited opportunity” to preserve the pact, the Iranian Students’ News Agency reported.

Europeans work to save Iran deal, and business, after Trump pulls out.
Europeans work to save Iran deal, and business, after Trump pulls out.

“(Europe)... must, as quickly as possible, clarify its position and specify and announce its intentions with regard to its obligations,” ISNA quoted Rouhani as telling Macron.

Macron, who like other European leaders had lobbied Trump to keep the agreement that was struck before the Republican president took office in January 2017, urged Rouhani to adhere to the deal and to consider broader negotiations.

Trump said on Tuesday he would revive U.S. economic sanctions, which would penalize foreign firms doing business with Tehran, to undermine what he called “a horrible, one-sided deal that should have never, ever been made”.

On Wednesday, he said Iran would now either negotiate or “something will happen.” It was not immediately clear what actions he was suggesting would take place.

The White House said later that Trump was preparing to impose new sanctions on Iran, perhaps as early as next week, but gave no details.

Iran has drafted a “proportional” plan to cope with the U.S. withdrawal, the official news agency, IRNA, quoted government spokesman Mohammad Baqer Nobakht as saying. He said without elaborating that budgets had been drawn up to handle various scenarios.

The fruit of more than a decade of diplomacy, the nuclear agreement was clinched in July 2015 by the United States, France, Britain, Germany, Russia, China and Iran.

It was designed to prevent Iran developing a nuclear bomb in return for the removal of sanctions that had crippled its economy, not least by Washington threatening to penalize businesses anywhere in the world that traded with Iran.

Trump complained that the deal, the signature foreign policy achievement of his Democratic predecessor, Barack Obama, did not address Iran’s ballistic missile program, its nuclear activities beyond 2025 or its role in conflicts in Yemen and Syria.

His decision raises the risk of deepening conflicts in the Middle East, puts the United States at odds with European diplomatic and business interests and casts uncertainty over global oil supplies. Oil prices rose more than 2 percent, with Brent touching a 3-1/2-year high. [O/R]

In the latest violence, Iranian forces on the Syrian-held side of the Golan Heights shelled Israeli army outposts on the strategic plateau but caused no casualties, an Israeli military spokesman said, saying Israel had retaliated.

Syrian air defenses confronted Israeli rockets on Syrian territory without specifying the location, Syrian state media reported, quoting a military source.

The U.S. pullout could strengthen hardliners in Iranian politics at the expense of moderates like Rouhani who had pinned their hopes on the deal to boost living standards in Iran, with limited success so far.

Iranian Supreme Leader Ayatollah Ali Khamenei, a hardliner, said: “Mr Trump, I tell you on behalf of the Iranian people: You’ve made a mistake. ... I said many times from the first day: Don’t trust America.”

Reuters

Other News

Vietnam, US strengthen cooperation to ease suffering of AO/dioxin victims

Vietnam, US strengthen cooperation to ease suffering of AO/dioxin victims

A delegation from the Vietnam Association for Victims of Agent Orange/dioxin's chapter in Ho Chi Minh City (VAVA HCMC) visited the US directly inform American friends about the long-term consequences of AO/dioxin in Vietnam and seek the support of progressive groups, veterans, legal experts and youth organisations in efforts to care for the victims.

Indonesia earthquake death toll rises, 2,000 evacuated

Indonesia earthquake death toll rises, 2,000 evacuated

The earthquake struck off Flores Island near Mbay town in Nagekeo district, East Nusa Tenggara province, triggering strong aftershocks. Several houses and other structures were damaged, while landslides disrupted roads in some areas.

Indian Embassy thanks Vietnam for support after Phu Quoc boat tragedy

Indian Embassy thanks Vietnam for support after Phu Quoc boat tragedy

The embassy said on its official X account that the flight carrying the victims' mortal remains departed Ho Chi Minh City on July 13 and arrived in Mumbai later the same day. Authorities in the Indian states of Andhra Pradesh, Kerala and Tamil Nadu coordinated the transportation of the remains to their final destinations.

Vietnamese community in Venezuela backs rescue team on humanitarian mission

Vietnamese community in Venezuela backs rescue team on humanitarian mission

All members of the Vietnamese rescue team in Venezuela have maintained strict discipline, a strong sense of responsibility and unwavering focus when carrying out search, rescue and disaster recovery tasks, with the determination to successfully fulfil the international humanitarian mission entrusted by the Party, State and military.

Key issues ex high agenda at the ASEAN Future Forum 2026

Key issues ex high agenda at the ASEAN Future Forum 2026

PSNews - Nearly six decades after its founding, ASEAN is entering a new phase of transformation. Geopolitical turbulence, intensifying competition among major powers, non-traditional security challenges, and rapid technological change are raising fundamental questions about the region’s future trajectory. In this context, the ASEAN Future Forum (AFF) 2026 is more than a platform for regional countries to discuss current issues; it is designed to identify strategic pathways for ASEAN in the years ahead.

Malaysia bans social media accounts for children under 16

Malaysia bans social media accounts for children under 16

Under the new rules, social media platforms are required to implement age-verification systems and prevent users under 16 from creating accounts. The regulations apply to platforms with at least eight million users in Malaysia, including Facebook, Instagram, TikTok and YouTube.

Cambodia ranked world's top country for natural environment in 2026

Cambodia ranked world's top country for natural environment in 2026

Cambodia currently manages 73 protected natural areas covering more than seven million hectares, equivalent to about 41% of the country’s total land area. These protected areas play a vital role in forest conservation, wildlife habitat protection and biodiversity preservation through stricter law enforcement and conservation measures.

ASEAN chief spotlights Vietnam’s role in shaping bloc’s future

ASEAN chief spotlights Vietnam’s role in shaping bloc’s future

Vietnam is expected to maintain active contributions across ASEAN’s three pillars - the political-security community, the economic community, and the socio-cultural community; while further enhancing regional connectivity through infrastructure projects and stronger economic linkages.

Vietnam supports UNESCO's people-centred approach, multilateral cooperation: official

Vietnam supports UNESCO's people-centred approach, multilateral cooperation: official

Van affirmed Vietnam’s support for the UNESCO80 reform roadmap, focusing on the organisation’s core mandate, priority areas, interdisciplinary approach, and the special status of the Vietnam National Commission for UNESCO, and UNESCO representative offices, alongside efforts to diversify resources and strengthen global partnerships to enhance the organisation’s effectiveness.