Published: Thu, May 10, 2018
Medical | By Josefina Yates

Saudi Arabia threatens to build own nukes if Iran does

Saudi Arabia threatens to build own nukes if Iran does

Mr Falih said Saudi Arabia is not targeting a specific price for oil, discounting a May 4 report in The Wall Street Journal that Riyadh wants to oil to hit at least Dollars 80 a barrel this year.

"At the end of the month there is an OPEC meeting and these matters will be on the negotiations table", Luaibi said in response to a question from reporters on whether Iraq would plug the gap in supply expected from the reintroduction of sanctions on Iran's oil sales.

"This was a awful, one-sided deal that should have never, ever been made", Trump said. "It didn't bring calm, it didn't bring peace, and it never will". The original 2015 agreement had lifted sanctions in exchange for Tehran limiting its nuclear programme.

The statement said that in accordance with the goal of a nuclear-free zone in the Middle East, Iran should obtain nuclear weapons.

"At the heart of the Iran deal was a giant fiction - that a murderous regime desired only a peaceful nuclear energy program".

US Treasury Secretary Steve Mnuchin said a license for Boeing Co to sell passenger jets to Iran will be revoked, scuttling a $38 billion deal. Prime Minister Benjamin Netanyahu called the decision "courageous".

The renewed sanctions, aimed at the heart of the Iranian economy, will impact the country's energy, financial, and petrochemical sector. Given the Trump administration's claim to have left the Iran deal based on nonproliferation concerns, it now has leverage to apply the same policy to Riyadh.

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However, since Trump's announcement, Iran has threatened to gather uranium if negotations fail in response to the USA withdrawal from the agreement.

Former President Barrack Obama defended the agreement, writing the following in a statement published on his official Facebook page.

Trump said his decision to leave the JCPOA was created to counter that possibility.

"The recent Arab summits in Jordan and Saudi Arabia were clear in expressing the extreme exasperation from Iran's actions in the Arab region and in calling for the need to alter this behavior", Abul Gheit continued.

The inflammatory remarks from Saudi Foreign Minister Adel al-Jubeir came just a day after Donald Trump pulled the United States of America out of the Iran nuclear deal.

Chanting "death to America", most members of the Iranian parliament echoed Ayatollah's sentiment.

Saudi Arabia indicated on Wednesday that it could raise its oil output to offset any potential supply shortage as a result of new sanctions on Tehran, after U.S. President Donald Trump said Washington was withdrawing from the Iran nuclear deal. The heads of leading European Union countries (namely Emmanuel Macron and Angela Merkel) attempted to convince Trump to stick with the deal, but these efforts ultimately failed.

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