The inflammatory remarks from Saudi Foreign Minister Adel al-Jubeir came just a day after Donald Trump pulled the US out of the Iran nuclear deal. The administration has been in place for over a year and for over a year we've attempted to work with allies to address the shortcomings on it.
Already threatened in 2009 when millions of Iranians took to the streets to protest against alleged election fraud, Iran's rulers came under mounting Western pressure in 2013 over the country's nuclear program and concerns Israel might attack. "The president spiked the Iran deal out of spite and hubris, with no viable alternative", Rice added.
News of the deal prompted a volatile trading session on Tuesday in the heaviest volumes for front-month USA crude futures since November 30, 2016. In its quest for a deal with Tehran, the Obama administration reassigned government task forces meant to mitigate the threat to other endeavors.
"We will be instituting the highest level of economic sanction", the president said Tuesday. It's time for President Trump to ignore former Secretary of State John Kerry's repudiation of the Monroe Doctrine.
"We will respect the capacity of individual countries to make their decisions about foreign policy", the PM also said. And the Iranians must be held accountable for this.
Trump said Tuesday that documents recently released by Netanyahu showed Iran had attempted to develop a nuclear bomb in the previous decade, especially before 2003. Trade deals with the Europeans have provided a much-needed lifeline to the regime as it struggles with an ongoing currency crisis.
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Israel asserts that USA -led world powers entered into the deal under a "false pretense". From the earliest days of his presidential campaign he said the Iran nuclear deal was awful; worst ever. For the U.S., memories of the 1979 U.S. Embassy takeover and 444-day hostage still linger.
Oil prices rose about 3 percent on Wednesday and hit fresh 3-1/2 year highs after a bigger-than-expected drawdown in USA oil inventories extended gains from the United States' decision to quit a nuclear deal with Iran.
Second, Section 1245 of the National Defense Authorization Act for Fiscal Year 2012, which governs the implementation of oil sanctions on Iran, specifies that their implementation requires an assessment as to "whether the price and supply of petroleum and petroleum products produced in countries other than Iran is sufficient to permit purchasers to reduce significantly in volume their purchases from Iran". "But it will leave Iran's nuclear program unconstrained, and an inconstant America isolated from its allies and far less safe", Rice wrote.
The protest came as Iranian officials, including parliament speaker Ali Larijani and President Hassan Rouhani, said Wednesday they hoped European leaders will work with them to preserve the deal between Tehran and world powers - without the US - but stressed that the nation could now decide to resume its nuclear program.
And as many of its regional neighbours have complained, they have continued providing ballistic missiles to enemy actors that rain them down on countries such as Saudi Arabia.
Trump's decision could have explosive consequences, straining long-standing USA alliances, disrupting oil markets and boosting tensions in the Middle East, even if the United States reversal doesn't lead Iran to restart its atomic program.