Netanyahu to Macron: Nuclear deal will die, need to tackle Iran's 'aggression'-5

Written by Fairchick Date
FINANCIAL HEAT The European powers are
trying to come up with a
package to ring-fence
trade with Iran against
renewed U.S. financial
sanctions to dissuade Tehran from quitting the
accord. But the global reach of the
U.S. financial system,
forcing companies to
choose between two
irreconcilable options -
selling to Iran or to the vast U.S. market - is
driving home the limits of
European efforts to create
financial mechanisms that
could shield revived trade
with Tehran. That has left Europe under
pressure from Tehran. "If Iran does not get the
financial guarantees in oil
and access to the financial
system, then I don't see
Iran sticking to the deal
because the pressure from (Iranian) hardliners is only
increasing," said a Western
official.-Reuters

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