US Could Sanction European Companies Doing Business With Iran — Bolton

President Donald Trump listens and complies. He has no choice, poor man. "It's clear that for that we have to maintain economic incentives, and that would not be easy after the U.S. decision" he said. "They can constrain the trading of products including any American technology". "Either it's Iran or the U.S". For NITC, the re-imposition of sanctions will take place in 180 days time.

Other major producers could fill the hole left by Iran. So do Russia and China, no tiny countries, either. Bibi has such a magical hold over Trump that the American president has to follow Israel's lead.

Nobody seems to ask: Why, for God's sake? No common border. No territories of one that the other desires.

Unfortunately, the answer is less easy to discern.

Israel and Iran went to steal chickens together, as we say. For Mr. Trump, the Republicans are fully with him and the Democrats will be too eventually.

When Tehran-bound AF 378 took off from Paris in April 2016, it was a heady moment for European diplomacy and commercial interests. European Union leaders will then take up Iran at an informal dinner in Sofia the following day. "Do they want to do business with a threat?"

It is this discontent that Mr. Trump might be counting on tapping. "I think that will sink in; we'll see what happens then", Bolton said.

Meanwhile, Air France announced this month it is scaling back flights to Iran due to poor economic performance.

Depends how cynical you are.

We are going to work to stop that, ” he said. With a bit of luck, both might end up in prison. The main impact will be on the independent tanker operators, mainly Greek, who carried as much as 50% of the Iranian crude reaching China. Yet analysts say Saudi Arabia would like to keep prices rising ahead of the IPO of its state-owned oil giant Saudi Aramco.

Given that Iran lacks significant ballistic missile defenses, Israel would most likely deliver the nuclear weapons with its Jericho III intermediate range ballistic missiles. Iranians today are far less optimistic about repairing relations with the West, and particularly with the US.

"That just violates every precept of sound arms control negotiation", he added.

Germany said it will spend the next few months trying to persuade Washington to change its mind. The price of crude is already close to $80.

It is playing with fire (for us). First proposed by Khamenei in 2012, this approach relies on import substitution and favors domestic over foreign investment, in an effort to reduce Iran's reliance on Western economies and strengthen its resilience against international sanctions. It remembers that quite recently (just about 2500 years ago) it was a world power.

But 2018 is not 2012.

The technical chart for oil still looks healthy in the long run.

So we bomb. So they react with threats. Trump is at heart an isolationist. In our region, national pride plays a large role.

Despite the US exit, Britain and Iran expressed their commitment to ensuring that the accord is upheld, according to a statement released by British Prime Minister Theresa May's office.

And the Israelis? They shrug their shoulders.

Also supportive to prices was data from market intelligence firm Genscape showing that inventories at Cushing, Oklahoma, the delivery point for U.S. crude futures, fell more than more than 400,000 barrels in the week to May 11, according to traders who saw the data.

President Donald Trump withdrew the U.S. from the 2015 Iran nuclear agreement Tuesday. What perfect coordination with Trump's decision to scuttle the deal! "The answer is no", Le Maire told reporters.

  • Monte Muniz