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Iran Moving Closer to JCPOA Breach

Analysts Weigh in With Risks and Highlights

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17 Jun 2019 (All day)
Iran Moving Closer to JCPOA Breach
A spokesman for the Atomic Energy Organization of Iran (AEOI) announced on Monday that his country is taking another step closer to breaching the 2015 JCPOA nuclear agreement in retaliation for what Teheran maintains is American belligerence towards it in a variety of areas. Another Iranian official was quoted by local media outlets as saying the clerical regime is considering whether to abandon the Nuclear Nonproliferation Treaty entirely if the EU doesn’t begin finding ways to increase its economic activity in Iran despite US sanctions.

The chairman of the Iranian Parliament's Nuclear Committee, Mojtaba Zonnour, told the Mehr news agency that he doubted the EU would do it, saying “The volume of our economic transactions with Europe at best is $20 billion in a year, whereas the volume of economic transactions between Europe and the US is something between $900 billion -1,000 billion. Of course, Europe would not sacrifice $1,000 billion for $20 billion.” However, he added that the Europeans would try to find a way to salvage the status quo “because they don’t want to pay the price. They just want to control Iran, and make sure that we won’t gain anything from the agreement.”

Meanwhile, US Secretary of State Mike Pompeo said in an interview on June 16 with Fox News that Washington will "take all the actions necessary, diplomatic and otherwise," to guarantee free navigation through the Strait of Hormuz following additional attacks on oil tankers in the Persian Gulf last week which the US and several allied nations blamed on Iran. "These were attacks by the Islamic Republic of Iran on commercial shipping, on the freedom of navigation, with the clear intent to deny transit through the strait," he added.

"We do not want a war in the region...But we won't hesitate to deal with any threat to our people, our sovereignty, our territorial integrity, and our vital interests," Saudi Arabian Crown Prince Muhammad bin Salman told the pan-Arab Asharq al-Awsat newspaper.

Here is a video giving some analysis of the situation

 

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