Iran to restart some nuclear activity in response to United States sanctions

Shale,India oil import,US shale

"We will hold the Iranian regime accountable for any attack on USA forces or our interests", Shanahan tweeted.

The White House also ended oil purchase waivers granted to Iran's main customers - including China, India and Turkey - meant to cut Iran's access to its main source of foreign currency revenue as part of its campaign of "maximum pressure" against the Islamic republic.

He designated Iran's elite Revolutionary Guard Corps a terrorist group and dispatched the USS Abraham Lincoln and a bomber force to the Gulf as a warning.

Hosseini said he was unable to give details as the sentence could still be appealed, the agency added.

Based on intelligence, or politics? .

The end of the US sanction waivers will hit India hard because it has to pay more for alternate oil supplies at a time when the country is in the middle of elections and higher gasoline and diesel prices will not sit well with any voter.

Quoting an unnamed Israeli official, Axios said the intelligence was "not very specific at this stage" but that the "Iranian temperature is on the rise" due to pressure. Exports are underway as planned, he said.

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On May 8, 2018, US President Donald Trump pulled his country out of the JCPOA.

Reports say President Hassan Rouhani is set to confirm Iran would reduce some of its "minor and general" commitments under the deal.

His comments come days after Washington announced that it has decided not to reissue waivers in May allowing importers to buy Iranian oil without facing USA sanctions.

Trump, who was not in office when the nuclear deal was negotiated, said it was flawed in Iran's favor for doing nothing to curb its ballistic missile program or its support of proxy forces in several Middle East wars.

"I think this is manufactured by Bolton to try to justify the administration's very harsh policy toward Iran despite the fact that Iran has been complying with the nuclear deal", said Barbara Slavin, the director of the Future of Iran Initiative at the Atlantic Council think tank.

Under the 2015 accord, Iran restricted the capacity of its uranium enrichment program in exchange for a lifting of most global sanctions.

Britain, France and Germany have set up a special payments system to let European businesses operate in Iran and avoid United States sanctions, although few firms have been willing to incur Washington's wrath.

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