Iran pulls out of 'parts of nuclear deal'

Iran had courted Western tourists. After sanctions it’s turning to neighbors

Iranian President Hassan Rouhani's domestic policies failed early in his tenure.

Iranian President Hassan Rouhani is said to be planning a speech Wednesday on the anniversary to discuss the next steps Tehran will take in confronting the U.S. Officials in the Islamic Republic previously warned that Iran might increase its uranium enrichment, potentially pulling away from a deal it has sought to salvage for months.

Rouhani stressed that after the said period, if the five countries come to the negotiation table to come to terms with Iran's interests particularly with regard to oil and banking, we would return to the previous position.

Upon being informed of Iran's decision Wednesday, China also criticized the USA a year after its departure from the nuclear deal.

Iran has denied ever seeking nuclear weapons, insisting its atomic program is for entirely peaceful purposes.

A spokesman for Iran's Supreme National Security Council, Keivan Khosravi, dismissed Bolton's comments as "psychological warfare".

Beijing has pinned the blame squarely on U.S. for "further aggravating" tensions over the Iran nuclear issue.

"Iran´s clear request is for the banking and oil situation to return to before the United States withdrawal" in May 2018, IRNA said.

Leonid Slutsky, chairman of the foreign affairs committee in the Russian State Duma, told reporters Wednesday than Iran's withdrawal from the agreement was a direct result of the Trump administration's recent actions.

The U.S.is on high alert as Iran begins to distance itself from parts of the Obama-era nuclear deal.

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Meanwhile, Rouhani and Foreign Minister Mohammad Javad Zarif - who once claimed to be close to reformists - have shed their reputation as moderates in the Iranian political landscape.

The European special payment channel the Instrument in Support of Trade Exchanges (INSTEX) will permit financial transactions that bypass US sanctions, Zarif said, adding a mechanism similar to INSTEX can be implemented with other countries, including Russian Federation and Turkey.

Finding a response is the biggest test yet for Rouhani, a pragmatist who has faced strong opposition from the hardline faction of Iran's leadership throughout his six years in office.

Tensions between Tehran and Washington have risen since the US withdrawal, and the United States has recently raised the pressure on Iran.

The people in the region, the Europeans and even the United States allies and the worldwide companies are suffering from the USA policies, creating restrictions for the European companies doing business with Iran.

The New York Times on Monday cited senior USA officials that new threats by Iran against us troops in Iraq were behind the sudden deployment of an aircraft carrier strike group and Air Force bombers to the Persian Gulf.

He accused "hardliners" in the United States of working to undermine the deal, saying it was "in the interests of the region and the world, but not the enemies of Iran, therefore they spared no effort since 2015 to undermine (the deal)".

Netanyahu said once again on Wednesday, "We will not allow Iran to acquire nuclear weapons". "That is what our heroes did at the dawn of the nations' rebirth, and we march in their path". Tehran said it was responding to the sweeping unilateral sanctions that Washington has reimposed since it quit the agreement one year ago, which have dealt a severe blow to the country's economy.

Iran said Wednesday that it would stop complying with a pair of key provisions of the nuclear accord, setting up a showdown with Washington and the European countries that so far have been willing to toss Tehran a lifeline.

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