Iran Tensions Rise Over Oil Route as EU Tries to Save Nuclear Deal

Iran Tensions Rise Over Oil Route as EU Tries to Save Nuclear Deal
The U.S. Navy stands ready to ensure free navigation and the flow of commerce, the U.S. military's Central Command said, as Iran's Revolutionary Guards warned they would block oil shipments through the Strait of Hormuz if necessary.

However, Rouhani told French President Emmanuel Macron by telephone on Thursday that the package of economic measures failed to offset sufficiently the effects of the U.S. pullout and its re-imposition of nuclear-related sanctions.

"The package proposed by Europe for continuation of cooperation in the nuclear deal does not meet all our demands," Rouhani was quoted as saying by his official website. "We expect a clear action plan from Europe with a timetable so it can compensate for the U.S. exit from the deal."

He gave a similar message in a call to German Chancellor Angela Merkel, the president's website reported. The proposed package "only included some general promises like previous EU statements," Rouhani said.

Supreme leader Ayatollah Ali Khamenei set out conditions in May for European powers if they want Tehran to stay in the accord, including steps by European banks to safeguard trade with Tehran and guarantees for Iranian oil sales.

Rouhani warned on Wednesday that Iran could reduce its co-operation with the U.N. nuclear watchdog if the deal collapses.

(Reporting by Bozorgmehr Sharafedin Editing by Matthew Mpoke Bigg and David Stamp)


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