Iraq sending team to USA to seek Iran bans waivers

Iraq sending team to USA to seek Iran bans waivers

Iran's supreme leader warned the country might abandon its nuclear deal with world powers, casting doubt on the ability of European states to save the accord following the U.S. withdrawal.

The government of President Hassan Rouhani has been battered by the return of USA sanctions, which has triggered a rapid departure of foreign firms and ended his hopes of attracting large-scale investment. Now what negotiation can we have with the current brazen and irreverent United States officials who are openly threatening the Iranians?

As key ministers in Rouhani's government came under attack by parliament, Khamenei warned the president not to rely too much on European support to save the deal.

"The nuclear deal is a means, not the goal, and if we come to this conclusion that it does not serve our national interests, we can abandon it", he was quoted as saying.

The Ayatollah also said Iran could terminate the 2015 nuclear deal ahead of the impending oil embargo from the U.S.

Ayatollah Khamenei also said Iran would not negotiate with the current "brazen and irreverent" US officials at any level to reach a new agreement on its nuclear program.

European countries have been working hard to keep Iran in line with the nuclear deal by making sure Tehran receives economic benefits.

They included steps by European banks to safeguard trade with Tehran and guarantee Iranian oil sales.

Khamenei's remarks came as Iran tries to cope with the return of United States sanctions, which triggered mounting economic problems that in turn are causing political tumult.

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Iran has reportedly started to offer India cargo insurance and tankers operated by Iranian companies as some Indian insurers have backed out of covering oil cargoes from Iran in the face of the returning US sanctions on Tehran.

Officials should unite against American pressure, he said, since publicising differences would only make the nation more unhappy.

Lawmakers dismissed Rouhani's labor and economy ministers earlier this month.

Tuesday's grilling in parliament was the first for Rouhani in five years as president, and lawmakers slammed his handling of five economic issues, ranging from unemployment to the collapsing value of the currency.

A motion was also filed on Wednesday to vote on the impeachment of Education Minister Mohammad Bathaei, over a series of issues linked to school budgets, the curriculum and alleged mismanagement.

Iranian leaders have recently threatened to shutter the Strait of Hormuz, through which one-third of the world's oil supply passes as it travels from the Persian Gulf.

A second wave of USA measures is due to hit Iran in early November, targeting its vital energy sector including oil exports.

A senior Iranian military official said on Wednesday if foreign forces in the Gulf do not follow worldwide laws, they would face the Revolutionary Guards' firm response.

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