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Europeans Move To Protect Firms From Renewed U.S. Sanctions On Iran

European nations are moving to protect their companies from a resumption of stiff U.S. sanctions on firms doing business in Iran, in a critical part of their bid to keep the Iranian nuclear deal alive and ensure it continues to benefit Iran's economy.British Prime Minister Theresa May's spokeswoman said U.S. President Donald Trump agreed in a phone call late on May 11 that talks are needed to discuss how the renewed U.S. sanctions on Iran's oil and banking sectors will affect European companies operating in the country under terms of the 2015 nuclear deal that Trump has now abandoned.Britain, France, and Germany -- along with Russia and China -- all have said they remain committed to honoring the deal …………….Please Log in or Subscribe to view full details…..

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