The US withdrawal from the nuclear deal with Iran will increase instability not only in the Middle East

D.Trump's decision to withdraw from the nuclear deal with Iran is a serious test for U.S. partners to accept the U.S. foreign policy, RISS expert Vladimir FITIN considers. Despite the Washington’s pressure, the main EU countries don’t share its position. After the talks between Macron and Merkel with Trump, France, Germany, and England confirmed their commitment to this agreement.

After Trump’s decision the shares of the military-industrial complex and world oil prices have risen up a lot due to the regional tensions. This is favorable for American oil shale companies, as the efficiency of oil shale production increases at high prices. “If the U.S. sanctions affect European companies working on a very extensive Iranian market, it will be a blow to their economic interests. Europe should seek to strengthen the WTO’s support. It might approve the development of legislation prohibiting discrimination against European companies in foreign markets,” RISS expert said.

“Iranian President Rouhani claimed that he would hold negotiations on the situation with his partners and decide whether it was possible to continue working within the framework of the agreement. Otherwise, he has the opportunity to "unfreeze" Iran's nuclear program within five days,” the analyst concluded.

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